Sovereign debt crises: Stop bailing out reckless lenders
Briefing available in English, French and Spanish In this briefing 34 civil society organisations set out how IMF loans are used to bail out reckless lenders. They call for the…
Greece
The IMF is spending $93 billion bailing out reckless lenders
New research by the Jubilee Debt Campaign indicates a major breach by the IMF of its own policies, with $93 billion of lending to highly indebted countries, without any debt…
Campaigners warn against IMF endorsement of Greece bailout
Commenting ahead of the meeting of the Eurogroup, Greece and IMF on Thursday 15 June, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “If it signs up to the…
Global debt crises and threats increase across the world
Twenty-seven countries across the world are in debt crisis, with a further 80 at risk of being so, according to new figures released for World Debt Day on 16 May.…
Campaigners welcome Obama call for Greece debt relief
• ‘Meaningful’ debt cancellation must include IMF debts Commenting ahead of President Obama’s visit to Greece on Tuesday, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “President Obama is…
Resisting the Debt Economy – Workshop at The World Transformed
Join our session on debt injustice in the UK and around the world at the World Transformed in Liverpool on Tuesday 27 September.
Campaigners criticise IMF cave in over Greek debt
Commenting on the Eurogroup and IMF staff agreement in Brussels early on Wednesday morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “IMF staff are proposing to lend more…
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…
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.