An unknown author completes Færeyinga Saga
The Færeyinga Saga, the saga of the Faroe Islands, is the story of how the Faroe Islanders were converted to Christianity and became a part of Norway. It was written in Iceland shortly after 1200.
Europe
The University of Cambridge is founded
Cambridge is the second-oldest university in the English-speaking world and the world’s fourth-oldest surviving university.
Construction begins at Notre Dame Cathedral in Paris
The cathedral is widely considered to be one of the finest examples of French Gothic architecture.
The Hanseatic League is formed, marking a new period of trade and economic development in Europe
The Hanseatic League was a commercial and defensive confederation of merchant guilds and market towns in Northwestern and Central Europe.
The University of Oxford, oldest in the English-speaking world, is founded
There is no clear date of foundation, but teaching existed at Oxford in some form in 1096 and developed rapidly from 1167, when Henry II banned English students from attending the University of Paris.
The first settlement appears at the site of modern-day Moscow
The first known reference to Moscow dates from 1147 as a meeting place of Yuri Dolgoruky and Sviatoslav Olgovich. At the time it was a minor town on the western border of Vladimir-Suzdal Principality.
Merchant guilds begin to form across Europe
The earliest types of guild formed as a confraternities of tradesmen. They were organized in a manner something between a professional association, a trade union, a cartel, and a secret society.
The Faroe Islands become a part of the Kingdom of Norway
Norsemen settled the Faroe Islands in the 9th century or 10th century. The islands were officially converted to Christianity around the year 1000, and became a part of the Kingdom of Norway in 1035.
The Kingdom of Hungary comes into power in Central Europe
The Kingdom of Hungary came into existence in Central Europe when Stephen I, Grand Prince of the Hungarians, was crowned king in 1000 or 1001. Rich in uncultivated lands, silver, gold, and salt deposits, Hungary became the preferred destination of mainly German, Italian and French colonists.
The Peace and Truce of God movement contains violent feuding emerges in Europe
The Peace and Truce of God, by attaching sacred significance to privacy, helped create a space in which communal gatherings could take place and thus encouraged the reconstitution of public space at the village level.