Debt in Northern countries

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Debt in Northern countries

Letter to the Europeans from the citizens of the republic of Cyprus

Letter to the Europeans from the citizens of the republic of Cyprus with respect to the memorandum of understanding on specific economic policy conditionality. To the President and all the MPs of Parliament of Belgium National Assembly of (...)
Bulgaria: Political crisis deepening

18 March 2013 - by Dancho Medarov

Dancho Medarov evaluates the political crisis and corruption in Bulgaria and the development and response of the anti-neoliberal movement. Bulgarian Prime Minister Boiko Borisov has stepped down after a week of protests against rising energy (...)
Éric Toussaint: “Greece must unilaterally suspend repayment of its debt.”

1 March 2013 - by Eric Toussaint, Tassos Tsakiroglou

“In Greece, the ruling class and the government are destroying democracy,” Eric Toussaint, professor of political science and militant, told the Greek daily Ef. Syn. According to Eric Toussaint, only a determined government which has the support (...)
Beware of Europeans bearing gifts

26 February 2013 - by Nick Dearden

President Hollande of France was in Greece earlier this week, offering friendship and much needed investment to the economy. It’s interesting to discover today what he means by ‘investment’. Essentially Hollande is trying to position French (...)
The Terrifying Rise of the Far-Right

26 February 2013 - by Nick Dearden

High school teacher Costas was late for a meeting we’d planned because a student of immigrant parents had been abused by two Greek students with a history of racist activities. “This sort of thing is new” he explained to us. “Of course we had some (...)
Greece

The future is emerging

26 February 2013 - by Nick Dearden

In the centre of Athens, the depth of the crisis can now be measured by the number of homeless people sitting and sleeping on every block. These are the victims of the financiers and politicians of Europe; the ‘collateral damage’, as they are (...)
We don’t owe! We won’t pay!

European activists meet in Greece to discuss the debt problem, coordinate resistance strategies and propose alternatives. The International Citizen Audit Network (ICAN) holds its third meeting in Thessaloniki from February 15th to 18th 2013, (...)
New report: Impunity Inc. Tools for reflection on the “super rights” and “super powers” of corporate capital (includes interactive MAP)

3 February 2013 - by ODG (Observatorio de la Deuda en la Globalización)

Joint publication by Observatorio de la Deuda en la globalización and Transnational Institute, Barcelona, January 2013 Impunity Inc. has been undertaken as part of the Campaign Dismantle corporate power and stop impunity! (Spanish only) To (...)
Goodnight Greece – Good morning Colony!

30 November 2012 - by Greek Debt Audit Campaign

Announcement on the November 27 Eurogroup decision On November 27th the Eurozone’s Council of Finance Ministers announced its decisions regarding the Greek public debt. This decision, deadly for Greece’s fiscal situation, destroys the lives of (...)
The Greek Debt, under the light of Constitutional and International Law

19 November 2012 - by George Katrougalos

A- Origins and causes of the Greek crisis and the “Memoranda” cure The Greek crisis is the product of a confluence of three factors: a) the general crisis of neoliberal capitalism, due to the systematic failure of ﬁnancial deregulation and (...)
Greek Parliament: tiny majority in favor of the Troïka

8 November 2012 - by Nikolaos Chountis

A brief information notice on the situation in Greece, written yesterday night by our [Syriza] Europen Policy Department in order to inform comrades and friends in the rest of Europe. Tonight, and after a completely anti-constitutional “express (...)
Spain: Let’s encircle the Congress. We are the sovereign people!

11 September 2012 - by Plataforma “¡En Pie!”

We, ordinary people are fed up to live with the consequences of a system conditioned by and forced to adapt itself to the markets, which is in every respect insupportable, and has led us to be victims of a large scale scam which has caused this (...)
The Spanish Memorandum is a Traitor’s Deal

13 July 2012 - by David Lizoain

Soon newspapers will be reporting that Spain has finally amount to an unconditional surrender. The Troika will be given free rein to impose its agenda. The Spanish government has betrayed its citizens. In exchange for this sacrifice of (...)
Characteristics and operation of the sovereign debt: the example in Greece

12 July 2012 - by Daniel Munevar

At the end of the 90s a division of JP Morgan devised a financial mechanism conceived especially for protecting clients from losses resulting from title defects or other financial instruments which they detained. This instrument, called Credit (...)
Eric Toussaint - Europe is not imploding

12 July 2012 - by Eric Toussaint

Belgian political scientist and historian Eric Toussaint (Committee for the abolition of third world debt) on the current Eurocrisis. The talk was held at the 5th Subversive Festival in Zagreb. (...)
Europe : What emergency programme for the crisis?

1 July 2012 - by Eric Toussaint, Damien Millet

The European governments, in accordance with IMF criteria, have made the choice of imposing strict austerity measures on their peoples. Slicing away public spending, lay-offs, pay freezes and salary cuts for civil servants, reduced access to (...)
Video

Greece’s biggest hospital struggles as austerity cuts bite

16 June 2012 - by Aris Chatzistefanou

As Greece faces the most important election in a generation, its public healthcare system is on the verge of total collapse, with many hospitals forced to cancel operations. Greek documentary maker Aris Chatzistefanou, whose films Debtocracy and (...)
Greek monthly political magazine “Crash” (June issue)

Eric Toussaint: “You can cancel the debt”

15 June 2012 - by Despina Papageorgiou

“All debt accumulated through the Memorandum is illegitimate” “We will support all your efforts” “Your country is the lab where the new shock therapy is being applied” Interview with Despina Papageorgiou He stood alone in front of the crowd; he (...)
Now approaching Spain, the bank hurricane continues along its path of destruction

14 June 2012 - by Eric Toussaint

This text continues my work published in several articles in 2011, including: “In the eye of the cyclone: the debt crisis in the European Union”; Dexia Krach: The start of a domino effect in the EU ?», 4 octobre 2011; « Banques belges sauvées, (...)
In the eye of the storm: the debt crisis in the European Union

14 June 2012 - by Eric Toussaint

In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint about various facets of this new stage in the (...)
Eric Toussaint: “All the loans accorded by the Troika are illegitimate”

7 June 2012 - by Eric Toussaint, Ana Benačić

Eric Toussaint interviewed by Ana Benačić for net.hr In this interview first published in Croatian on the portal net.hr and taken up by several websites in Croatia, Eric Toussaint develops ways out of the debt crisis which are very useful for (...)
Press Release

Irish Campaign supports ECB protest in Frankfurt

The Anglo: Not Our Debt campaign has lent its support to a protest taking place today at the European Central Bank (ECB) by Irish groups and individuals demanding debt justice. Campaign spokesperson Andy Storey said that the protest was (...)
In solidarity with the Greek people, against illegitimate debts and austerity measures, let us mobilize!

For joint actions for large Euro-Mediterranean’s mobilizations in autumn 2012!

The response to the financial and economic crisis is the same everywhere: cuts in expenditure and austerity measures under the pretext of reducing deficits and the repayment of a public debt which is the direct outcome of 20 years of neoliberal (...)
Video

Catastroïka

2 June 2012 - by Katerina Kitidi, Aris Chatzistefanou

The creators of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, analyze the shifting of state assets to private hands.
Resisting with the Greeks

30 May 2012 - by CADTM Europe

In the recent elections on May 6, Greek voters sanctioned the coalition forces which had applied austerity plans and surrendered to the dictates of the Troika (the IMF, the ECB and the European Commission). New Democracy and the PASOK (...)