Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”

Video: Zoe Konstantopoulou: “The Greek Debt Truth Committee’s final report scared the creditors.”

17 March by Zoe Konstantopoulou


Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”.

The session was organized by Nikolaos Chountis, Vice-minister of the first Tsipras government (January-July 2015) and MEP representing Popular Unity since September 2015, replacing Manolis Glezos. The conclusions of the GDTC’s report enabled the participants to throw new light on the diktats imposed on Greece by creditors and the European authorities.

Here we propose to take a closer look at the contributions of four of those present. Zoe Konstantopoulou, former President of the Hellenic Parliament (February - October 2015) whose initiative it was to create the audit committee.

Zoe Konstantopoulou: “The Greek Debt Truth Committee’s final report scared the creditors.”

It is said, and rightly so, that the Tsipras government capitulated in July 2015. However Zoe Konstantopoulou sees it rather as a betrayal on the part of Tsipras, both of the Greek people and of Syriza’s commitments as a party. That betrayal is perpetuated through the negative attitude the Tsipras government continues to show towards the Greek Debt Truth Committee and its refusal to make use of the results of the committee’s work.

Moreover, Zoe Konstantopoulou mentions the true causes of the Greek crisis, namely the Troika Troika Troika: IMF, European Commission and European Central Bank, which together impose austerity measures through the conditions tied to loans to countries in difficulty.

’s political interference and multiple instances of corruption, while calling attention to the illuminating results of the GDTC’s final report.

To access complete coverage of this session, use the following link:

And contributions of :

- Eric Toussaint : “The Greek public debt crisis is a web of lies”
- Maria-Lucia Fattorelli : “Before anything else can be done, there must be a debt audit”
- Cephas Lumina: “The Paris Club has no legitimacy”

Translated by Vicki Briault and Mike Krolikowski (CADTM)


Zoe Konstantopoulou

Greek human rights lawyer and politician of the Coalition of the Radical Left (Syriza). President of the Greek Parliament from February to October 2015, she launched in April 2015, an audit of the Greek public debt with the Commission for the truth on the public debt.




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