#AUDITFEST Barcelona, October 14th&15th

The Citizen Debt Audit Platform “PACD” (Plataforma Auditoría Ciudadana de la Deuda) Barcelona is organising the #AuditFest; a meeting taking place on October 14th and 15th focusing on the topics of auditing, debt management and other municipal public policies. The meeting is aimed at municipal technicians, council members, auditors and other political figures (in the…

Run-up on ICAN members’ activity

After Plan B’s event in Madrid last March, many ICAN members decided to brief us with regular updates on what they are working on: ACiDe (Belguim): Plateforme d’audit citoyen de la dette publique en Belgique Website: http://www.auditcitoyen.be/lacide/ National Facebook: https://www.facebook.com/EtSiOnArretaitDePayer/ As a collective (ACiDe), we take into account the fact that debt is not a…

Audita Sanidad – Audit Healthcare

The citizen working group on a healthcare debt audit “Audit Healthcare”, launched in April 2013 and based in Madrid, comprises of a group of citizens who hope to offer their fellow citizens and social movements a rigorous instrument to help estimate debt in public healthcare and identify what part is illegitimate in order to be…

Debt audits challenge the power of opaque finance

by Fanny Malinen, published originally on OpenDemocracy The belief that debts have to be repaid is one the cornerstones of the austerity narrative. But we have the tools to challenge it. “Financial capitalism is photophobic; it doesn’t like the light and thrives on opacity”, says Gerardo Pisarello. He is deputy Mayor of Barcelona, where the…

“We are auditing Greece”

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? Last month Greece began a Debt Audit process which aims to analyse its debt on the basis of it being illegal, illegitimate, odious or unsustainable, through the Greek Debt Truth…

Podemos and Debt repayment

By Sergi Cutillas, ODG. Published by ODG & eldiario.es Debt has been a colonial mechanism in many parts of the world. As such, it is a problem that affects sovereignty and should be faced with courage. Any initiative that wants to deepen democracy should establish mechanisms of sovereignty non-negotiable with institutions that do not conform to…

Half a million citizens in Spain now have control over municipal government accounts

Over half a million people now have access to real participation in their municipality The OCMs: citizen bodies to control local governments   (subtitles in: English, French, Italian, Greek, Portuguese and German). After two years of work at the Spanish Citizen Debt Audit Platform (PACD), we are handing over our municipal tool to citizens: the…

OCAX: an online tool to keep public budgets under people’s control

A year ago, the PACD (Spanish Citizen Debt Audit Platform) launched its campaign to fight debt and lack of transparency in the municipalities. The aim was to create citizen observatories to get the budgets under citizens’ control. An online tool has been developed in order to support this task. The tool, OCAX, is totally open source:  any group can…

Living in a Debtocracy – exhibition

This exhibition was created by the PACD, with the support of ODG 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, the exhibition “Living in a…

2nd newsletter of TroikaWatch

Enjoy the 2nd newsletter of #TroikaWatch: In this newsletter you can read about: Overall situation European level Greece Ireland Portugal Cyprus Spain Italy Slovenia Who we are and why we write this newsletter Overall situation While the general outlook remains broadly unchanged, with the Troika still pushing for severe austerity and national governments continuing their…

The new European Banking Liquidation Fund, another mechanism for transferring bank losses to the taxpayers.

The Ecofin (European Council for Economic and Financial Business) has agreed to create the fund for liquidating banks in Europe or, in other words, to insure depositors’ money, which will be called Single Resolution Mechanism (SRM). In this new pact there is, as there has been lately, a clear winner. Germany has assured itself that the…

What the Spanish Citizen Debt Audit Platform (PACD) means by “Citizen Debt Audit” and “Illegitimate Debt”

This text was written collaboratively by PACD-Barcelona after receiving proposals from different political parties on debt audits. [Versión en Español] Political Parties and Audits. This past March 12th the left-wing parliamentarian group Izquierda Plural (IU, ICV-EUIA & CHA) presented in the Congress of Deputies a non-legislative motion for “the creation of a Public Debt Audit”,…