Greece
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Part I of the series “Greece and debt: two centuries of interference from creditors”
Newly Independent Greece had an Odious Debt round her Neck
26 April 2016 - by Eric Toussaint
Since 2010, Greece has been the centre of attention. Yet this debt crisis, mainly the work of private banks, is nothing new in the history of independent Greece. The lives of Greeks have been blighted by major debt crises no less than four times (...) -
SYRIZA, the IMF and the EU: Gambling with the future of Greece
7 April 2016 - by Daniel Munevar, Costas Lapavitsas
An impossible agreement The latest flare up regarding Greece has followed publication by Wikileaks of illegally taped discussions among IMF officials. To analyse the significance of this event it is vital to bear one point in mind: Greece (...) -
The Colonial Origins of the Greek Bailout
1 April 2016 - by Jamie Martin
When news broke two weeks ago of the harsh terms of a new bailout for Greece, many questioned whether the country still qualified as a sovereign state. “Debt colony,” a term long used by Syriza and its supporters, was suddenly everywhere in the (...) -
The Evolution of the Discussion of the Greek Debt
22 March 2016 - by Eva Betavatzi
Since October 2015 when the Tsipras government decided to stop supporting the work of the Greek Debt Truth Commission initiated by Zoe Konstantopoulou, the debt issue, always present in some media, is approached with less intensity than before. (...) -
Woe unto you European Pharisees hypocrites!
18 March 2016 - by Moisis Litsis
According to an EU agreement on relocation of asylum seekers in 28 countries members, which is not even respected, Europe cannot afford to host 160,000 refugees but bears ... more than 4 million homeless! Thanks to social networks, came to (...) -
Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”
Video: Cephas Lumina: “The Paris Club has no legitimacy”
17 March 2016 - by Cephas Lumina
Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”. The session was organized by Nikolaos (...) -
Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”
Video: Maria-Lucia Fattorelli: “Before anything else can be done, there must be a debt audit”
17 March 2016 - by Maria Lucia Fattorelli
Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”. The session was organized by Nikolaos (...) -
Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”
Video: Eric Toussaint: “The Greek public debt crisis is a web of lies”
17 March 2016 - by Eric Toussaint
Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”. The session was organized by Nikolaos (...) -
Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”
Video: Zoe Konstantopoulou: “The Greek Debt Truth Committee’s final report scared the creditors.”
17 March 2016 - by Zoe Konstantopoulou
Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”. The session was organized by Nikolaos (...) -
Plan B doesn’t include a reform of the EU
17 March 2016 - by Eric Toussaint, Amanda Andrades
Éric Toussaint (Namur, Belgium, 1954), PhD in Political Science from the University of Liege and Paris VIII, has spent at least 26 years analyzing and denouncing how the IMF and the World Bank use debt “to discipline a country.” First, focusing on (...) -
Greece
The Truth Committee on Public Debt returns to Greece through Europe. It becomes an Association and continues its works
17 March 2016 - by Truth Committee on the Greek Public Debt
Zoe Konstantopoulou: “The Truth Committee will continue its works, whether the European Commission, the ECB and the Government like it or not”. Great enthusiasm in Brussels and Liege. 13 Left and Green MEPs declare their support on the (...) -
UN expert on Greece: “The excessive austerity in the public health care sector literally killed the nurse and doctor before turning to the patient”
16 March 2016 - by Eric Toussaint
The CADTM recommends that our readers should apprise themselves of Juan Pablo Bohoslavsky’s report on his Mission to Greece, which can be accessed via the link (A/HRC/31/60/Add.2). Report of the Independent Expert, Juan Pablo Bohoslavsky, on the (...) -
Can the New Left Govern Europe?
29 February 2016 - by Conn Hallinan
After a year of earthshaking victories and devastating setbacks, Europe’s new progressive parties are slowly learning how to balance governance with activism. Over the past year, left and center-left parties have taken control of two European (...) -
An analysis of the recapitalization of Greek banks in the context of the third Memorandum of Understanding
19 February 2016 - by Daniel Munevar
At the core of the ongoing economic crisis in Greece is the link between the insolvency of the Greek Government and the banks of the country. Behind this lies a story of financial recklessness, protection of vested interests and adoption of (...) -
Poul Thomsen, Greece and the cynicism of the IMF
15 February 2016 - by Daniel Munevar
For the casual reader, Poul Thomsen’s recent piece [1] on the role of the IMF in the bailout review negotiations currently taking place between Greece and the Troika would seem balanced and reasonable. At the end of the day, as he has argued (...) -
IMF contemplates returning to Greece… again
11 February 2016 - by Bretton Woods Project
In January, the IMF confirmed it has been in negotiations for a third loan since 2010 to the Greek government; the details of the Fund’s mission are yet to be confirmed. A third loan programme from the European Central Bank and European (...) -
Reform of the IMF lending framework: The IMF bails out from bailouts
3 February 2016 - by Bodo Ellmers
The International Monetary Fund (IMF) has approved a new reform of its exceptional access framework. The key step made on 29 January 2016 is to remove the systemic exemption clause. This is the clause that has made IMF participation in the mega (...) -
Human rights law beyond borders: Confronting austerity in Greece
21 January 2016 - by Margot E. Salomon
Margot Salomon has played a key role in documenting international responsibility for the human rights violations resulting from the austerity conditions imposed on Greece following the debt crisis. Dr Salomon’s research was based on her (...) -
Video: Greece falls prey to ECB diktats and blackmail
19 January 2016 - by Eric Toussaint
The following video shows a talk given at the European Parliament in Brussels by Eric Toussaint on 14 January 2016 on the occasion of the international meeting organized by the left-wing European Parliamentary Group GUE/NGL (European United (...) -
[FILM] Golden Dawn: A Personal Affair
6 January 2016 - by Angélique Kourounis
How can a racist party that was getting less than 0.2% of the vote for years, enter parliament with 18 MPs? How can a party that promotes violence, hate, sexism and murders amplify its reach after each pogrom? How can Golden Dawn, when in (...) -
Zoe Konstantopoulou: “The Truth Committee on Public Debt is the target of political heckling by the new supporters of memoranda”
On 22 December 2015, during a press conference at the seat of the Bar Association in Athens, the former President of the Greek Parliament, Zoe Konstantopoulou, and two members of the Truth Committee on Greek Public Debt, Georges Kassimatis, an (...) -
Hedge funds vs Greece: lobbyists want “cheap ticket” to speculation
18 December 2015 - by Corporate Europe Observatory
This summer Greece’s financial authorities fined 20 hedge funds for speculating against the Greek economy. Now, the main global lobby group for hedge funds is trying to tweak the EU’s rules so they can have a free play in the future. Global (...) -
Greece: an alternative
18 December 2015 - by Eric Toussaint
In August-September 2013, I drafted a course of measures to be implemented in Greece in case the radical left won the election. On 10 September, 2013 I sent this draft to the activists of Greece and elsewhere to ‘gather critical comments and (...) -
Greece: Why Capitulate? Another Way Is Possible (text version of the video of the same name with explanatory notes and references)
16 December 2015 - by Eric Toussaint
Éric Toussaint critiques SYRIZA’s attitude since 2010 regarding the debt, explaining how the Greek government came to sign the disastrous agreement of 13 July 2015. One of the fundamental explanations is their failure to take the audit of Greece’s (...) -
Greece’s Former President of Parliament On Why Syriza Party Broke Its Pledge to the People
16 December 2015 - by Steve Rushton
“They are trying to bury us. But they forget when you bury a seed it is only going to flourish,” says the former President of the Hellenic Parliament, Zoe Konstantopoulou, who was a central figure in the Syriza party’s fight against austerity that (...)
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