The decision by Eurogroup is nothing short of economic plundering and destruction for Cyprus. It must be rejected!

The Eurogroup’s decision to confiscate 6.75% of deposits in accounts up to 100,000 euros and 9.99% for sums over 100,000 is a decision destructive to Cyprus’ future and manifests an attack on the current situation of thousands of Cypriots. It is a decision which: •    Is harmful to small depositors •   Aims to wipe Cyprus…

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The future is emerging

Nick Dearden, Jubilee Debt Campaign UK In the centre of Athens, the depth of the crisis can now be measured by the number of homeless people sitting and sleeping on every block. These are the victims of the financiers and politicians of Europe; the ‘collateral damage’, as they are undoubtedly seen, of the policies of austerity.…

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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…

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