Debt in Northern countries
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Evolution of the Greek public debt during 2010-2015
27 July 2015 - by Truth Committee on the Greek Public Debt
Chapter 2, Evolution of Greek public debt during 2010-2015, concludes that the first loan agreement of 2010, aimed primarily to rescue the Greek and other European private banks, and to allow the banks to reduce their exposure to Greek (...) -
Greece: The Consequences of the Capitulation
24 July 2015 - by Eric Toussaint
Very quickly after the Greek government and parliament capitulated to the creditors (European Commission, ECB and IMF) changes were made to the government. Alexis Tsipras replaced six ministers and vice-ministers (members of the Left platform (...) -
Debt before the Troika
23 July 2015 - by Truth Committee on the Greek Public Debt
Chapter 1, Debt before the Troika, analyses the growth of the Greek public debt since the 1980s. It concludes that the increase in debt was not due to excessive public spending, which in fact remained lower than the public spending of other (...) -
Video : Debt crisis in Greece and in the EU
13 July 2015 - by Eric Toussaint, Michael Hudson, Dimitris Papadimoulis
Conference by Eric Toussaint (CADTM) and Michael Hudson (Levy Economics Institute, USA) coordinated by Dimitri Papadimoulis (MEP Syriza, vice president of the EU Parliament) July 2nd 2015 - Brussels, European (...) -
Closing speech of PM Alexis Tsipras in the European Parliament on 8th July 2015
9 July 2015 - by Alexis Tsipras
This meeting should have taken place a long time ago. Because the debate we are having today is not just about Greece’s future, it’s about the future of the Eurozone. And indeed, we cannot have this debate behind closed doors. We do not bear (...) -
Introductory speech of PM Alexis Tsipras in the European Parliament on 8th July 2015
9 July 2015 - by Alexis Tsipras
Honorable Members of Parliament, it is an honor for me to speak in this veritable temple of European democracy. Thank you very much for the invitation. I am honored to address the elected representatives of the peoples of Europe, at a critical (...) -
Legal issues surrounding the MoU and Loan Agreements
6 July 2015 - by Truth Committee on the Greek Public Debt
Summary : Greece bears primary responsibility for violations exposed in Chapter 6, but such violations also constitute a breach of human rights obligations of the different Lenders since they imposed such measures to Greece. This is the case (...) -
It was the creditors who pushed Greece over the edge
3 July 2015 - by Jerome Roos
If they had truly cared, the creditors could have easily prevented a default. Sadly, they found it more important to punish Greece and set an example. On Tuesday, Greece became the first developed country to default on the IMF — and the (...) -
Legal foundations for repudiation and suspension of Greek sovereign debt
30 June 2015 - by Truth Committee on the Greek Public Debt
The final chapter of the report of 18 June 2015, by the Truth Committee on Public Debt, shows strong legal arguments for suspending or repudiating Greek illegitimate, odious, illegal or unsustainable (...) -
Preliminary Report of the Truth Committee on Public Debt
18 June 2015 - by Truth Committee on the Greek Public Debt
The Truth Committee on Public Debt (Debt Truth Committee) was established on April 4, 2015, by a decision of the President of the Hellenic Parliament, Ms Zoe Konstantopoulou, who confided the Scientific Coordination of its work to Dr. Eric (...) -
“We are auditing Greece”
16 June 2015 - by PACD
What is exactly happening with Greece, what lies behind the negotiations and how important is debt and what are the consequences for the Greek people? The PACD has launched a new monographic blog www.AuditamosGrecia.org in order to monitor (...) -
Définition of illegitimate, illegal, odious and unsustainable debts
21 May 2015 - by Truth Committee on the Greek Public Debt
In order to define the odious, illegitimate, illegal and unsustainable parts of the Greek public debt, the Truth Committee on the Greek Public Debt set up by the President of the Hellenic Parliament will use the definitions that follow. These (...) -
Indebted Households and Left Populism in Slovenia
20 April 2015 - by Ajda Pistotnik
Debt cancellation is an idea that is more and more often heard and discussed within the EU. We can thank for that SYRIZA and the Tsipras government in Greece that call for public debt cancellation. As noted by American anthropologist David (...) -
World Debt Figures 2015
31 March 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Via internet, CADTM is very pleased to make this book available to a wide public. It has been completely updated and enhanced by the authors. It may be freely copied by other sites and reproduced for non profit uses provided that a link to the (...) -
In case of illegitimate debts creditors can be contravened
12 March 2015 - by Eric Toussaint, Kristina Bozic
Professor Eric Toussaint, an expert on debt auditing and on the cancellation of debt, talks about the present situation in Europe, why Greek debt cancellation is a legal necessity and why this would not be anything new. The founder of CADTM - (...) -
Syriza on a Tightrope
9 March 2015 - by Stathis Kouvelakis
After Greece reached an agreement with the other Eurogroup members on February 20, German Finance Minister Wolfgang Schäuble remarked in his inimitable style: “The Greeks certainly will have a difficult time explaining the deal to their voters.” (...) -
Madame Lagarde, Herr Junker, you do not adhere to your own commitments!
5 March 2015 - by Renaud Vivien
A few short days before the general election in Greece, the IMF and the European Commission are doing it again. Warning against any measure of debt relief, Christine Lagarde, Managing Director of the International Monetary Fund, stated that ‘a (...) -
The Debt Reduction Germany Received in 1952 (and 1990)
5 March 2015 - by Oscar Ugarteche Galarza
The largest debt problems in terms of GDP faced in financial history have belonged either to the United States or to European Governments. Large debt problems in developing and emerging nations have usually stemmed out of a drop in GDP size due (...) -
Video
Understanding Greek Debt
24 February 2015 - by Eric Toussaint, Chris Spannos
Pressure is mounting as the February 28th deadline for Greece’s current bailout agreement approaches. Host Chris Spannos interviews Eric Toussaint, spokesman for the Committee to End Third World Debt. Also on the show, BBC’s Asylum & Julian (...) -
World Debt Figures 2015 : Introduction
From the South to the North of the planet: a short history of the debt crisis and structural adjustment programmes
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Since the 1980s, public debt, both in the Third World countries and in the industrialised nations, has been systematically used to impose austerity policies in the name of structural adjustment. -
World Debt Figures 2015 : Chapter 1
Inequality in the world
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Inequality is rife in the world, and constantly increasing. The distribution of wealth and income is a major scandal worldwide. In 2013, 0.7% of the world population (32 million individuals) possessed 41% of the world’s (...) -
World Debt Figures 2015 : Chapter 2
Overview of debt in the South: breakdown of external debt in developing countries (DCs)
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
This part provides a general overview of debt trends in Southern countries, highlighting the significant amount of money used to pay off debt, which is in many cases odious, illegal, or illegitimate. -
World Debt Figures 2015 : Chapter 3
Debt in the South
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
In spite of the optimistic declarations by the World Bank and the IMF, debt is still a serious hindrance to human rights and the satisfaction of the basic needs of the populations of the DCs. -
World Debt Figures 2015 : Chapter 4
The World Bank and the IMF
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Multilateral financial organisations are at the core of the ‘debt system’. Since they were established in 1944 (in the framework of the Bretton Woods Agreement), the World Bank and the IMF have used debt as a mechanism to promote the (...) -
World Debt Figures 2015 : Chapter 5
Debt in the North
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Until 2008, countries in the North seemed untouched by debt problems. The crisis has completely changed this situation. Now, in particular Ireland, Greece, Portugal, and Eastern and Central European countries are feeling the devastating effects (...)
- ICAN
- Agrarian Distress
- Agriculture and Food Sovereignty
- Alternatives
- Antifascism
- Arbitration
- Audit
- Austerity/Structural Adjustment
- Bank of the South
- Banks
- Belt and Road
- Big Pharma
- BRICS
- Capitalism
- Colonialism
- Commercial agreements
- Corporate Debt
- Corporate Impunity
- Corruption / financial criminality
- Crisis
- Debt campaign
- Debt crisis
- Debt in History
- Development
- ECB
- Ecological debt
- Ecology
- External debt
- Feminisms
- Films
- Financial crisis
- G8 / G20
- Health
- Housing
- Illegitimate debt
- ILO
- IMF
- Imperialism
- Inequality
- Inflation
- Initiative for the heavily indebted poor countries (HIPCs)
- International Institutions
- International law
- Microcredit
- Migrations
- Militarism
- Multinational corporation
- Natural Resources
- Neo-liberalism
- Neocolonialism
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COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
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