5 July 2015 by Eric Toussaint
The beautiful historic victory of the No shows again that the Greek citizens refuse to accept the creditors’ blackmail. As shown in the preliminary report by the Truth Committee on Public Debt created by the Hellenic parliament, there are several legal arguments that permit a State to unilaterally suspend or repudiate its illegal, odious, and illegitimate debt.
In the Greek case, such a unilateral act may be based on the following arguments:
In such a situation, the State may be dispensed from the fulfilment of those international obligations that increase the peril, as is the case with outstanding loan contracts. Finally, states have the right to declare themselves unilaterally insolvent when the servicing of their debt is unsustainable, in which case they commit no wrongful act and hence bear no liability.
People’s dignity is worth more than illegal, illegitimate, odious and unsustainable debt.
Eric Toussaint
Scientific coordinator of the Truth Committee on Public Debt (Greece)
Vocal of the CADTM international network www.cadtm.org
See the the preliminary report written by the Truth Committee on Public Debt : http://cadtm.org/Preliminary-Report-of-the-Truth
is a historian and political scientist who completed his Ph.D. at the universities of Paris VIII and Liège, is the spokesperson of the CADTM International, and sits on the Scientific Council of ATTAC France.
He is the author of Greece 2015: there was an alternative. London: Resistance Books / IIRE / CADTM, 2020 , Debt System (Haymarket books, Chicago, 2019), Bankocracy (2015); The Life and Crimes of an Exemplary Man (2014); Glance in the Rear View Mirror. Neoliberal Ideology From its Origins to the Present, Haymarket books, Chicago, 2012, etc.
See his bibliography: https://en.wikipedia.org/wiki/%C3%89ric_Toussaint
He co-authored World debt figures 2015 with Pierre Gottiniaux, Daniel Munevar and Antonio Sanabria (2015); and with Damien Millet Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers, Monthly Review Books, New York, 2010. He was the scientific coordinator of the Greek Truth Commission on Public Debt from April 2015 to November 2015.
28 April 2009, by Eric Toussaint
Special interview with Eric Toussaint
The socialist project has been betrayed and must be reinvented in the 21st century8 April 2009, by Eric Toussaint
2 April 2009, by Eric Toussaint , Damien Millet
12 March 2009, by Eric Toussaint , Damien Millet
An interview with Eric Toussaint, by Pauline Imbach
A New Start with the 2009 WSF3 March 2009, by Eric Toussaint
27 February 2009, by Eric Toussaint , Damien Millet
15 January 2009, by Eric Toussaint
11 January 2009, by Eric Toussaint
5 January 2009, by Eric Toussaint
1 December 2008, by Eric Toussaint , Damien Millet
0 | ... | 460 | 470 | 480 | 490 | 500 | 510 | 520 | 530 | 540 | ... | 610