Break the chains of Greece’s debt!

24 June 2015 by Collective


People across Europe are being crushed by austerity, a failed policy and false solution to the problem of accumulating public debts, much of which were caused by the bailing out of the banks. They join millions of people in developing countries who continue to be profoundly affected by repeat debt crises and decades of punishing austerity.

Greece is the frontline on Europe’s debt crisis. The Greek people are burdened by an enormous and unpayable debt caused by the lending of irresponsible European banks, the borrowing of the corrupt Greek elite, and a global network of tax havens allowing money to flow out of the country. The Greek Truth Commission is starting to expose the deep injustice of these debts.

Greece’s crisis and those before it are symptoms of a global financial system that puts the interests of banks and financial elites above the needs of ordinary people and our rights to secure homes, decent work, and access to essential public services like water, healthcare, education.

We urgently need to cancel unjust debts, end forced austerity, and create new rules to tackle debt crises fairly and promptly when they occur.

The petition:

We, the citizens of countries across Europe, call for:

A European conference to agree debt cancellation for Greece and other countries that need it, informed by debt audits and funded by recovering money from the banks and financial speculators who were the real beneficiaries of bailouts.

An end to the enforcing of austerity policies that are causing injustice and poverty in Europe and across the world.

The creation of UN rules to deal with government debt Government debt The total outstanding debt of the State, local authorities, publicly owned companies and organs of social security. crises promptly, fairly and with respect for human rights, and to signal to the banks and financiers that we won’t keep bailing them out for reckless lending.

Click here to sign the petition.

Signatures:

Afri - Action from Ireland
Ander Europa (Netherlands)
Anglo Not Our Debt (Ireland)
ATTAC Austria
ATTAC Germany
ATTAC Hellas (Greece)
ATTAC Hungary Association
ATTAC Iceland
ATTAC Ireland
ATTAC Norway
ATTAC Poland
ATTAC Spain
Both ENDS (Netherlands)
Bretton Woods Project (UK)
CADTM International
Corporate Europe Observatory
Debt and Development Coalition Ireland
Debt Justice Norway
Erlassjahr (Germany)
Eurodad (Europe-wide)
European ATTAC Network (Europe-wide)
Global Justice Now (UK)
Greece Solidarity Campaign (UK)
Greek Solidarity Committee (Ireland)
Humanitas - Society for Human Rights and Supportive Action (Slovenia)
Institute for Labours Studies - ILS (Slovenia)
Jubilee Debt Campaign (UK)
Jubilee Scotland (Scotland)
Latin America Solidarity Centre (Ireland)
Latvian Green Movement
Not Our Debt (Poland)
Observatory on Debt in Globalization (Spain)
PresidioEuropa No TAV (Italy)
SKO - Skupina Kazenska Ovadba (Slovenia)
The Spectacle of Defiance and Hope (Ireland)
Transnational Institute (Global)
UNITE the Union (Ireland)
War on Want (UK)
WEED - World Economy, Ecology & Development (Germany)
Zukunftskonvent (Germany)

International supporters

African Forum and Network on Debt and Development (AFRODAD)
Asian Peoples’ Movement on Debt and Development (APMDD)
Jubilee Australia
Latindadd



CADTM

COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT

35 rue Fabry
4000 - Liège- Belgique

00324 226 62 85
info@cadtm.org

cadtm.org