Greek debt crises: The European Stability Mechanism money started flowing – to creditors, not to Greece

Greek debt crises: The European Stability Mechanism money started flowing – to creditors, not to Greece 8 September by Bodo Ellmers The Greek bailout saga entered a new round as the first tranches of the new loan package were disbursed. The €86 billion programme will be funded by the European Stability Mechanism (ESM). The International…

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…

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…

Gina Ekholt: Creditors are also liable for public debts (Epikaira, Greek weekly magazine)

Source: Blog Leonidas Vatikiotis, ELE Greece member. SLUG Norway New fact on the debt issue, even within Europe, creates the Norwegian Government’s decision to launch on August 15, 2013 official audit on whether the debt that a number of developing countries owe her, is legitimate. The “new” fact that the Norwegian Government introduces concerns the…

Ski slopes of debt in Spain

Nick Dearden, Jubilee Debt Campaign UK  Last week a former businessman told me with great conviction that the Spanish people had ‘lived beyond their means’. Tonight’s meeting showed just who has lived beyond their means. Iolanda Fresnillo from the Spanish Debt Audit Platform (PACD) told us some incredible stories about her country’s Public Private Partnerships –…