Debt in Northern countries

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Debt in Northern countries

Iceland

Replacing the neoliberal model with a sustainable model

17 April 2014 - by Lilja Mósesdóttirheld

Presentation on the Iceland case by Dr. Lilja Mósesdóttirheld at the conference: "TOGETHER we can put an end to the problems of debt and austerity in Europe !” by the European Left, April, 10th, 2014, (...)
What’s the alternative?: Experts from across the world gather to discuss solutions to the debt crisis

9 April 2014 - by Eurodad

As the lion’s share of the world’s nations suffer from austerity policies, politicians, financial experts and civil society activists came together this month for a three-day international conference to discuss alternative ways of tackling the (...)
Spain’s Marches for Dignity converge on Madrid

3 April 2014 - by Jérôme Duval

In Spain, despite the government’s claims of growth and a revival in exportations, there’s no shortage of reasons for people to demonstrate. To pick one among others, according to a report by Cáritas, there are currently three million people who (...)
Vidéo

Croatia should not enter the eurozone

27 March 2014 - by Eric Toussaint

Eric Toussaint, president of the CADTM, about Croatia, who became a member of the EU on 1st of July, 2013. Filmed in Zagreb, July the 10th, 2012.
Exhibition “Living in a Debtocracy”

21 March 2014 - by PACD

The goal of the exhibition is to reach a wide group of people with information about the process of indebtedness of the Spanish State, and its impacts on the population. Through illustrations, plain but serious explanations, charts and date, (...)
Response to the report of investigations on the Troika submitted to the European Parliament

14 March 2014 - by Troïka Watch

Limited investigations lead to very limited conclusions…. Today the European Parliament votes on the “Report on the enquiry on the role and operations of the Troika (ECB, Commission and IMF)”. In Europe in the last three years financial (...)
Cyprus: The people say “No” to the Troika memorandum!

7 March 2014 - by CADTM Europe

The CADTM affirms its full and complete solidarity with the people of Cyprus and their organisations struggling against privatizations in the energy, telecoms, and shipping sectors – privatizations required by the Memorandum imposed by the Troika (...)
Greece

Unsustainable life with sustainable debts? No thanks!

20 February 2014 - by Greek Debt Audit Campaign

Announcement by the Greek Debt Audit campaign The utter failure of political management of public debt by the governments of George Papandreou up to the current one of Samaras in agreement with the lenders has led to a reinvigorated debate (...)
Who is Greek debt ΄sustainability΄ for?

20 February 2014 - by Christina Laskaridis, George Papalexiou

Announcement by the Greek Debt Audit campaign International lenders and their domestic Greek collaborators (the coalition government) are imposing widespread impoverishment and austerity in order to serve their interests. Meanwhile, the debt (...)
2^nd newsletter of TroikaWatch

29 January 2014 - by Troïka Watch

Overall situation While the general outlook remains broadly unchanged, with the Troika still pushing for severe austerity and national governments continuing their acts of window-dressing, another important issue has become increasingly (...)
1^st newsletter of Troika Watch

31 December 2013 - by Troïka Watch

In this newsletter you can read about: Overall situation The last months of the year are traditionally the time when national parliaments vote on the budgets for next year. Like in the years before, in many countries deep cuts in social (...)
’National day of action’ against sell-off of student debt planned across UK

19 November 2013 - by Aaron Kiely

Students on more than 20 campuses across the country are preparing to take part in a national day of action against the government’s plans to privatise the student loan book. The wave of action will take place tomorrow and is being co-ordinated (...)
Cancelling debt or taxing capital: why should we choose?

2 November 2013 - by Eric Toussaint, Thomas Coutrot, Patrick Saurin

On the occasion of the publication of two major works, Le Capital au XXIe siècle and the French translation of Debt The First 5000 Years, Mediapart organized a meeting between the authors, namely Thomas Piketty and David Graeber. It is available (...)
Press release

Angry citizens egg José Manuel Barroso in Liège for his championing of harmful austerity policies

18 October 2013 - by CADTM Belgium

On 17 October 2013 at the Theatre de Liège during the “Citizen Dialogue”, two European citizens confronted European Commission President José Manuel Barroso about the damage being inflicted on millions in Europe and outside as a result of his (...)
Balkans for the peoples of the Balkans

19 September 2013 - by Andreja Živković, Matija Medenica

The Balkans struggles under a triple crisis of foreign debt, mass unemployment, and the productive sector. In reality this is a crisis of dependency on European capital. Economic life is completely dependent on importing expensive European (...)
How Wall Street Fraudsters Plunder Public Finances, And How to Fight Back

13 September 2013 - by Alexander Arapoglou, Jerri-Lynn Scofield

Yves here. This article, part of an ongoing AlterNet series, ‘The Age of Fraud,’ edited by Lynn Stuart Parramore, does the difficult and important feat of unpacking a financial structure that blew up a lot of municipalities in layperson-friendly (...)
Detroit

Shock and Awe in Detroit

11 September 2013 - by Dianne Feeley

If “restructuring” is the face of Detroit, it’s part of the same global offensive that’s destroying public space in Istanbul, wiping out neighborhoods for Soccer Stadiums in Sao Paolo, and closing public schools in Chicago, Philadelphia and Los (...)
Detroit: Restructured or Ravaged?

10 September 2013 - by Dianne Feeley

Appointed by Michigan Governor Rick Snyder (R), Kevyn Orr became Emergency Manager (EM) over the city of Detroit this March 28. The media repeat that he has 18 months to “turn the city around,” but it’s unclear whether anyone believes that’s (...)
Reader’s notes

The Health of the Populations Battered by Austerity

23 August 2013 - by Patrick Saurin

Reader’s notes: The Body Economic. Why Austerity Kills. David Stuckler & Sanjay Basu Allen Lane, 2013. In a recently published book, The Body Economic. Why Austerity Kills, David Stuckler and Sanjay Basu present an enlightening panorama (...)
Greece: Depression or recession? Are the Troika bailing out or forcing under?

13 August 2013 - by Jérôme Duval

Six years of recession, an impressive drop in GDP from €231 billion in 2009 to €193 billion in 2012, unemployment at 26.9% in April 2013 from 7.5% in 2008, 57% for the under 25s, and an explosion of suicide cases… This overview of Greece is (...)
Debt, austerity, devastation: it’s Europe’s turn

10 August 2013 - by Susan George

As the creditors get fatter, the innocent are punished. Susan George laments a leadership subservient to big business. Like plague in the 14th century, the scourge of debt has gradually migrated from South to North. Our 21st-century Yersinia (...)
Press release

Greece, brutal takeover by the government and the Troika

16 June 2013 - by CADTM

This Tuesday 11th June the Greek government decided to close down the public service in radio and television, the ERT. The police neutralized the main emitter and the special forces were used to cut the regional relay stations serving the rural (...)
United against the Troika

3 June 2013 - by Esther Vivas

Who is the Troika? A year ago few knew the answer to this question. We knew it by reference, to its stay in Greece, and it wasn’t good. The Troika was synonymous with austerity, adjustment and cuts, hardship, hunger and unemployment. But it was (...)
What to do about the debt and the euro?

5 May 2013 - by Michel Husson, Ozlem Onaran, Francisco Louça, Nacho Álvarez Peralta, Stavros Tombazos, Bibiana Medialdea, Antonio Sanabria, Jorge Fonseca, Daniel Albarracín, Mariana Mortagua, Giorgos Galanis, Manolo Garí, Teresa Pérez del Río, Lidia Rekagorri Villar

The fight against the debt and austerity is the task of the day, such as fair measures defending the wages and pensions as well as the social services and common goods. In short, a popular strategy for a left government must be ready to do (...)
The Manifesto of the Mediterranean Meeting in Tunisia

We, the representatives of progressive political parties from the Mediterranean region, gathered in Tunis from March 23 to 24, 2013, at the call of the Popular Front, and adopted the following resolution. 1. - For more than a quarter of a (...)