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…
Welcome for Ebola debt relief, but warning over impact of new loans
Reacting to the announcement by the IMF that it will cancel almost $100 million of debt owed by Guinea, Liberia and Sierra Leone, whilst lending $160 million in new loans,…
George Osborne should support a package of debt cancellation for Greece
Commenting on the meeting between Greece’s Finance Minister Yanis Varoufakis with Britain’s George Osborne this morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “Greece’s debt comes from loans…
At least 90% of the Greek bailout has paid off reckless lenders
New analysis of IMF figures, released by the Jubilee Debt Campaign, show that almost all of the money lent by the IMF, European governments and the European Central Bank to…
Sierra Leone to pay $1.75 million IMF debt on Christmas Eve
Take Action: Call on the IMF to cancel all the debt now The IMF is going back on a pledge made by the G20 to cancel debts of Ebola countries,…
Aid rules tightened, but still allow profit to be made from loans
Western countries, through the OECD, have agreed new rules for themselves on when they are allowed to call loans ‘aid’. The new rules restrict the terms on which loans can…
Battle over whether G20 ‘deal’ will leave Ebola countries more indebted
• Campaigners call for debt relief not more loans as WHO admits off-track in bringing the disease under control • Over two weeks have passed since G20 $300 million pledge…
Details of debt relief for Ebola countries not yet agreed
G20 announces $300 million of loans, debt relief and grants from IMF, but details of how to do so are being debated over coming weeks At the G20 summit on…
Jubilee Debt Campaign welcomes US call for Ebola debt relief
UK government must support expanded debt relief at Brisbane G20 this weekend. Jubilee Debt Campaign has welcomed a call by US officials for emergency debt relief from the IMF for…
Lending boom threatens to create new debt crises
New figures released today predict that current rates of lending could lead to debts becoming unsustainable in many impoverished countries over the next decade, just a few years after some…
