External debt is a cancer to Nepal. Cancel it now!
Earthquake-hit Nepal’s debt stands at $3.8 billion. Writing off its loans will go a long way in helping it to recover, says former Nepali MP Sunil Pant. I would like…
Drop Nepal’s debt, say anti-poverty groups
Quake-stricken nation due to make debt payments despite continuing crisis Jubilee Debt Campaign has joined a call by more than 30 organisations across Asia for Nepal to receive immediate and…
The Greek Debt Crisis and the Way Forward – 28 April
As the Greek debt crisis continues, we’re taking part in this panel discussion hosted by the Greek Solidarity Campaign next week. The Greek Debt Crisis and the Way Forward Tuesday…
Thin cut to debt leaves Grenada caught out
Deal with private lenders will only reduce debt by 20%. Grenada has reached a deal with private bondholders to reduce debt owed to them by up to half over the…
IMF has made €2.5 billion profit out of Greece loans
Ahead of the payment of €462 million by Greece to the IMF on Thursday 9 April, figures released by the Jubilee Debt Campaign show that the IMF has made €2.5…
Boom in lending to impoverished countries threatens ‘Greece style’ debt crisis
Figures calculated by the Jubilee Debt Campaign, based on recently released data from the World Bank, show that loans to impoverished country governments have increased by 40% in just one…
Volunteer at events with us this Summer
Over the summer the Jubilee Debt Campaign usually has volunteer places at several festivals and events either working at the bars or as part of the campaigns team. If you…
Greek deal leaves debt burden unaddressed
Commenting on Eurogroup approval of the four-month Greek bail-out extension, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: [...]
No deal will be worse for the Eurozone than for Greece
The current deadlock between Greece and the rest of the Eurozone is over whether Eurozone governments will lend more money to enable Greece to meet international debt payments due this…
Glossary of terms
List of terms: Bailout Bank recapitalisation Bond and bondholder Bridge loan Collective Action Clause Concessional loan Debt relief/restructure/cancellation/haircut/swap/write-down/work-out Debt haircut Debt relief Debt restructuring Debt service Debt swap Debt stock…
