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Debt Relief Initiatives

Greece’s debt costs rise sharply as worries grow over IMF role

by Katie Allen and Graeme Wearden

8 February 2017

Fresh worries over Greece’s debts have pushed the country’s borrowing costs sharply higher amid renewed insistence from Athens it will not swallow further austerity demands from international lenders.

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USA: Students´ debts are surpassing $1.3 trillion

by Libby Kane

18 January 2016

In the background of growing hurdles for young generations to find good jobs with higher incomes to make feasible repayments, gigantic growth of students´s debts has become a key political issue

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Argentina’s vulture fund crisis - global implications

by UNCTAD

4 July 2014

Argentina’s ’vulture fund’ crisis threatens profound consequences for international financial system: UNCTAD
In a special essay analyses the Argentinian debt-restructuring crisis and reiterates its long-standing call for a sovereign debt workout mechanism. UNCTAD is the United Nations Conference on Trade and Development based in Geneva.

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Solidarity with the people of Bosnia, Serbia and Croatia:

by Eric Toussaint- CADTM

1 June 2014

Since May 17, floods in the Balkans have taken a heavy toll with 17 deaths in Serbia, 27 in Bosnia and 2 in Croatia. The IMF has taken advantage of the situation to offer Bosnia an “aid package” on condition that the Bosnian government agrees to carry out certain economic reforms. Exactly what form these will take has not yet been made public.

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The Debt Crisis : From Europe to Where?

by Damien Millet,Daniel Munevar, Eric Toussaint, Renaud Vivien

2 May 2014

Via internet, CADTM is very pleased to make this book, "Debt crisis from Europe to Where ?" published by VAK in Mumbai (India), available to a wide public. It may be freely copied by other sites and reproduced for non profit uses provided that a link to the CADTM website is clearly visible (www.cadtm.org). Feel free to send your comments and information on the personal or collective use you make of this book to info@cadtm.org. Your messages will be forwarded to the authors.

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The systemic crisis of the euro - true causes and effective therapies

by Heiner Flassbeck - Costas Lapavitsas

28 June 2013

What has gone wrong? Are the diagnoses commonly offered valid? Why do the medicines that have been prescribed not work? Could it really be possible that European politics at the highest level fails to understand the cause of the crisis and to address it with a consistent plan?

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From the Arab Revolutions to Global Austerity

by Third World Network

3 May 2013

To highlight some of the complex dynamics and challenges of the IMF’s role in the Arab region, in a context of continuing popular uprisings that are calling for social and economic justice and for transforming the national development paradigm, and to link it to the waves of austerity across Europe, the US and other regions, a panel discussion titled “From the Arab Revolutions to Global Austerity,” was held on the sidelines of the spring meetings (19-21 April) of the IMF and World Bank.

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CYPRUS : As the financial crisis deepens, will the lessons be learnt?

by Martin Khor

12 April 2013

The Cyprus crisis has again shown that over-dependence on the financial sector and an unregulated and liberalised financial system can cause havoc to an economy.

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Global financial flows, aid and development

by Eurodad

30 March 2013

This paper - written by Eurodad for CONCORD’s Aidwatch coalition - sets out all the financial resources potentially available for development. It examines their key characteristics and discusses their poverty and sustainable development impacts, as well as the implications for aid.

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Cyprus - whose crisis?

by Petros Kosmas

29 March 2013

Cyprus’s banking sector did not grow so recklessly and to an unsustainable size in order to best serve Cypriots’s social and economic needs.

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