Debt

March 2012
Alex Nunns

Frontline report from Athens on the human consequences of the austerity measures, how they are being resisted and why solidarity is needed to stop EU-wide attacks on democracy and human rights.

February 2012
Trevor Evans

What would a progressive pan-European response to the Euro crisis look like? Professor Trevor Evans calls for a radical downsizing of the financial sector, debt audits, democratisation of the Commission and a full employment policy.

October 2011

The banks are making huge profits again while more people are made redundent from jobs whose services we actually need. Three experts share their views on the European economic crisis, and the failure of governments to take action.

August 2011

The United States managed to avert a default, and that is good news. But the partisan battle in Congress sent the stock market plunging, and the decision by Standard & Poor’s to downgrade the country’s credit rating has made matters far worse.

July 2011
Marica Frangakis

The current architecture of the Eurozone exposes its members to the speculative attacks of financial markets, yet does not provide for any crisis management policies.

May 2011

The world has had more than enough of the Washington Consensus. It’s time to impose an Istanbul Consensus based on common sense, low-cost solutions, public honesty and simple justice and give the people of the LDCs, at last, a chance.

May 2011 Andy Storey

Today activists in Ireland are following Greece's example by launching a public audit of the country's debt to establish its legitimacy.

August 2010

A new government in the Philippines offers the country a rare window to fundamentally shift away from failed economic policies, subordinate to neoliberal ideology and the pre-eminance of illegitimate foreign debtors.

July 2010

With more poor people in the Philippines now than at any other time in history, its time for the new government to break with the old policy of putting foreign debtors and IMF doctrine first.

October 2008

The requirements for reducing or eliminating poverty, in Europe and world-wide, are known and the money is there, but the weight of the financial lobby is such that political will at present seems non-existent.

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