vultures

Stop Debt Vultures: Implications of the Vulture Attack on Argentina 

DDCI has released analysis in response to the extraordinary legal case of vulture funds attacking Argentina for over US$ 1 billion and has called for an end to vulture fund predatory behaviour. The implications of the vulture fund case against the Government of Argentina, being heard in New York, was wide-ranging implications for the hopes for debt…

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Euro-Crisis Report Links Bailouts and Austerity To Fascism’s Rise Across Europe

[Published on Occupy.com] Across Europe human rights, due process and democracy are eroding. On the surface, this seems most evident in the continent’s electoral lurch in May toward parties of the far-right – especially Greece’s Golden Dawn, which secured the third most votes while demonstrating open Nazi affiliation. The far-right’s rise connects directly, of course, with escalating conditions…

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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…

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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…

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Unsustainable life with sustainable debts? No thanks! – Announcement by the Greek Debt Audit campaign

24/01/2014 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 about what next on the public debt issue. The failure is confirmed by the explosion…