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…

Journey to Greek social resistance

By Iolanda Fresnillo Citizen Debt Audit Platform Spain (PACD Bcn) [Link Castellano] Desperate people queuing for food or stone and Molotov cocktail wars against asphyxiating gas. These are some of the most common images that come from Greece. But reality is kaleidoscopic and changes depending on where you look. On the streets of Athens and…

Bailing out the Oligarchs

Nick Dearden, Jubilee Debt Campaign UK We are on a fact-finding mission to Greece with people from Spain, Italy, Belgium, Cyprus, Macedonia, Ireland, Portugal and Germany. We want to examine the depth of the debt crisis on the people of Greece and to learn more about the means people are using to rebuild their communities…