How Europe cancelled Germany’s debt in 1953
The 1953 London Debt Accords show that European leaders know how to resolve a debt crisis in the interests of justice and recovery. Here are four key lessons for Greece’s…
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…
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…
The Austerity Machine and How To Stop It
Austerity policies aren’t new. They are part of a set of policies that have been imposed on countries around the world for decades. Where they have been implemented, they…
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…
Break of debt pledge stops development goals from being met
Several developing countries, including Jamaica, El Salvador and Pakistan, are failing to meet international development goals after rich countries reneged on a pledge to deal with their debts. Moreover, unjust…
Life and debt: Global studies of debt and resistance
Report investigating the impact of debt and austerity, and campaigns for justice, in Egypt, El Salvador, Greece, Jamaica, Latvia, Pakistan, the Philippines, Portugal and Tunisia. Download Life and debt: Global…
How Europe cancelled Germany’s debt
German debt cancellation shows equitable way to solve Europe’s crisis German, Irish, Spanish and British debt campaigners tell Troika: ‘learn from history’ Campaigners have marked the sixtieth anniversary of Germany’s…
