European Conference on debt in Brussels

16 October Brussels, Belgium European Citizens’ Assembly on debt Auditoire Dom Helder Camara, Rue Plétinckx, 19  (Siège CSC), 9h30-17h30 Facebook event: https://www.facebook.com/events/855… In the name of debt, the Troika and the Eurogroup have forced Greece to continue to implement austerity policies. The July 13th “agreement” blatantly demonstrated how the debt is a gun held by creditors and…

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…

Greek Debt Cancellation Now!

With debt restructuring a new priority in the political agenda of both the Greek government and its creditors, it is a forthright necessity to cancel public debt, starting with the debts to the Troika which currently exceed 70% of the total. Immediate cessation of payments through the denunciation of two loan agreements, followed by cancellation…

#Greece: Crisis, Democracy, and the Euro

Source:  http://ilesxi.wordpress.com/2013/03/19/crisis-democracy-and-the-euro/ Τhree years after submitting to the Troika Memorandum, Greece is falling apart. GDP has contracted more than 21% according to IMF calculations, and it is expected to dive another 6% in 2013. Never in world economic history, since statistics began, was such a fall of production recorded without being preceded by a war…

‘Shame is our biggest enemy’

Nick Dearden, Jubilee Debt Campaign UK We woke up to find the Bulgarian Government had fallen, after trying to impose exactly the sort of austerity programmes being witnessed right across Europe. In a country with the lowest wages in Europe, the recent privatisation of energy caused prices to rocket, leaving some families spending the majority…