Global call for hidden debts to be brought into the light
Civil society from borrowing and lending countries call for new approach to assessing debts The IMF and World Bank are reviewing the Debt Sustainability Framework, their main policy which is…
Eurozone ‘debt relief’ proposals for Greece would have little impact
The Eurogroup of Eurozone Finance Ministers has finally agreed to begin discussions on debt relief for Greece. However, initial proposals developed by the European institutions do little to address Greece’s…
Mozambique proposes ‘tuna’ bond restructuring
Proposed terms will cut debt but increase interest rate, leaving Mozambique no better off, despite crash in commodity prices reducing ability to pay Mozambique is trying to restructure the terms…
Campaigners welcome Mervyn King’s support for Greece debt cancellation
The former Governor of the Bank of England has called for Greece to have a substantial proportion of its debt cancelled.
The Never-Ending Austerity Story: Why Greece’s third ‘bailout’ changes nothing
The deal signed last July will see Greece lent more money, primarily to meet its debt payments, while even more austerity and privatisation are forced on it.
Debt risks increase as commodity prices stay low
According to the IMF and World Bank, 10 low income countries have seen an increased risk of not being able to pay their debts over the last year as global…
Put on a screening of #ThisIsACoup, the story of Greece’s debt revolt
Theopi Skarlatos and Paul Mason’s #ThisIsACoup is a documentary giving the inside story of Greece’s confrontation with international finance in 2015. You can watch all four episodes for free online…
Watch #ThisIsACoup – the story of Greece’s (unfinished) debt revolt
The debt crisis in Greece was constantly in the news in 2015, as the country made a brave attempt to throw off the shackles of unjust debt. But how often…
Campaigners call for UK government to enforce Ukraine debt deal
Vulture funds and Russia could sue Ukraine through London courts Ukraine has reached an in principal agreement with some of its bondholders to reduce the amount of debt owed by…
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…
