Six key points about Greece’s debt
Greece’s election has delivered a clear rejection of Troika-imposed austerity and the EU’s approach to the crisis. Here are six key points about Greece’s debt. 1) European banks were bailed…
Vulture funds take control of Cooperative Bank
The same vulture fund which is trying to make Argentina default on its debt has now wrested the Cooperative Bank out of cooperative hands. Aurelius Capital Management, along with Silver…
Leaked IMF documents show global opposition to lender’s bank bailout
Leaked minutes of IMF meetings in 2010 show that Argentina, Brazil, India, Russia and Switzerland all argued that some Greek debt owed to private banks should be cancelled before any…
Another bank bailout will not help Portugal
Anti-poverty campaigners call on Portugal’s creditors to write down debts.
