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Press Release

Our democracy against their austerity

14 November 2012
A coalition committed to creating a new balance of power in Europe announced six months of mobilization against the EU “austeritarian” choices. Action at European level to culminate an “Alter Summit” early June. Joining forces for a peaceful, (...)
The CADTM is pleased at the prospect of collaboration between Tunisia and Ecuador to audit Tunisia’s debt

23 October 2012 - by CADTM International

The CADTM is pleased at the prospect of collaboration between Tunisia and Ecuador to audit Tunisia’s debt. At the request of the President of Tunisia, Ecuador’s President, Rafael Correa, has just announced that he will be sending a team of (...)
Press Release

The CADTM condemns the disinformation campaign on the Greek debt and the rescue plan by private creditors

12 March 2012 - by CADTM

On Thursday night (8 March 2012) more than 85% of private creditors (banks, insurance companies, pension funds, etc.) agreed to take part in the restructuring of the Greek debt by cancelling EUR 107 billion. On paper it looks as though they are (...)
Press release

The CADTM downgrades its IMF rating and places this institution on very negative outlook.

6 February 2012 - by CADTM

The Committee for the Abolition of Third World Debt (CADTM) has decided to downgrade the IMF’s rating due to this institution’s heavy share of responsibility for the deterioration of people’s living standards in countries subjected to austerity (...)
Press release

Moratorium on Tunisian debt: an urgency for the people of Tunisia

4 April 2011 - by CADTM, Gabi Zimmer, Marie-Christine Vergiat

Press release of Marie-Christine Vergiat (Front de Gauche) and Gabi Zimmer (Die Linke) MEPs and of the CADTM (Committee for the Abolition of the Third World Debt) Following a meeting held in the European parliament in Brussels organised by the (...)
Press release

CADTM rejoices at the failure of the coup in Ecuador

2 October 2010 - by CADTM

CADTM rejoiced at the failure of the attempted coup in Ecuador and supports popular mobilisation to stand up for social and democratic advances. On Thursday 30 September an attempted coup failed in Ecuador. A significant portion of the (...)
Press release

CADTM denounces the attempted coup in Ecuador and supports popular mobilization to defend democratic and social progress

1 October 2010 - by CADTM

On Thursday 30 September an attempted coup took place in Ecuador. Rebel units of the national police abducted president Rafael Correa after he urged policemen to accept the law on public services which had been adopted at its first reading by (...)
Press release

Support to the Greek people’s resistance against the dictatorship of creditors !

5 May 2010 - by CADTM International

The new austerity plan released on Sunday 2 May is a disaster for the Greek population: for workers in the private as well as the public sector, retired people, or the unemployed, i.e. those deprived of a job. Here are some of the measures it (...)
Press Release

Greece: the CADTM condemns an austerity plan that entails major social regression

6 March 2010 - by CADTM

The Greek government has announced the implementation of an austerity plan which has the blessing of both the EU and the IMF. But in the view of CADTM, the measures it contains are wholly unacceptable. What the Greek government presents as a (...)
Press Release

CADTM demands that Pakistan must immediately suspend the reimbursement of the debt to face the crisis

7 July 2009 - by CADTM

Almost a year ago in August 2008, Pakistan was at the brink of a default. Its foreign exchange reserves were hitting the rock bottom of $4 billion, depleting rapidly in the range of $250 to $330 million weekly, which were hardly sufficient to (...)
Press release

Movements And Social Organizations From Latin American And The World Release Open Letter On The Creation Of The South Bank

8 December 2007
Coinciding with the signing on December 9, in Buenos Aires, of the South Bank’s Founding Act, hundreds of social movements, networks, organizations and personalities from throughout Latin America and the world are presenting to the Presidents of (...)
Press release

Pakistan: CADTM condemns the state of emergency declared by Pervez Musharraf, for too long supported by the major powers and the World Bank

6 November 2007
On Saturday 3 November 2007, Pakistan’s president Pervez Musharraf declared a state of emergency and ordered widespread repressive measures against the numerous opponents of his regime. Several activists for democracy in CADTM’s Pakistan branch (...)
Press release

As Dominique Strauss-Kahn takes up his post in Washington, CADTM demands full acknowledgement of the consequences of IMF operations since its creation

31 October 2007
Today, November 1 2007, Dominique Strauss-Kahn takes up his post as managing director of the the IMF after a long, skilfully orchestrated process: nomination by Nicolas Sarkozy in order to further weaken political opposition in France; swift (...)
Press release

Ecuador: CADTM hails the victory of Rafael Correa’s party in the election for the constituent assembly

8 October 2007
Within less than a year Rafael Correa has won four election battles (the two rounds of the presidential elections at the end of 2006, a referendum on the election of a constituant assembly in April 2007, and elections of the constituent assembly (...)
Press release

The CADTM demands radically different choices for the IMF and disavows the appointment of any managing director who would proceed with current policies

12 July 2007
With each new resignation at the helm of the IMF or of the WB (and these are increasingly frequent: Köhler in 2004, Wolfowitz in 2007, De Rato in 2007), the issue of the famous tacit agreement that the WB’s Chair should go to the US and the IMF’s (...)
Press release

CADTM finds the G8 announcements pathetic and denounces the fierce repression peaceful demonstrators fell victims to

9 June 2007
CADTM finds the G8 announcements pathetic and denounces the fierce repression peaceful demonstrators fell victims to Year after year the G8 has been content with empty announcements those countries have no intention to put into practice while (...)
2 Years After Gleneagles Promises on Debt, Vulture Funds Undermining G8 Debt Deal

6 June 2007
Jubilee Zambia * Jubilee USA Network * Jubilee South * Erlassjahr.de * Jubilee Australia * Eurodad * Afrodad * Oil Change International * PAPDA * CADTM Campaigners Demand Immediate G8 Action to Declare Vulture Fund Profiteering Illegal (...)
Scoring a try

CADTM takes satisfaction from the Belgian Senate’s adoption of a resolution cancelling the debt of developing countries and urges the government to implement it

3 April 2007
The resolution cancelling the debt of the Least Developed Countries (LCD) adopted by the Belgian Senate on 29 March 2007 with a majority of 34 votes to 29 represents a major advance in several respects. The resolution calls for the Belgian (...)
Press release

CADTM denounces the exponential enrichment of the few while the fundamental rights of billions go unheeded

13 March 2007
Forbes magazine has just published its annual list of the world’s richest individuals, and CADTM cannot remain silent in the face of the out-and-out scandal that lies behind these figures. According to Forbes, there are currently 946 (...)
Press release

CADTM refuses Jacques Chirac the right to proclaim himself the defender of the African people when he is actually one of its gravediggers

16 February 2007
The French president, speaking at the Africa-France summit currently being held in Cannes, once again showed a particularly inappropriate lyricism. A choice declaration was: “I love Africa, its territories, its people, its cultures”, followed by: (...)