debt
Europe’s future is at stake in this war against coronavirus
Our citizens are dying and our hospitals overwhelmed. Either we respond with unwavering solidarity or our union fails, writes the Spanish prime minister
By Pedro...
Why the 1953 cancellation of German debt won’t be reproduced for...
Photo: Hermann Josef Abs signing the London agreement canceling German foreign debt on 27 February 1953.
By Eric Toussaint
Mar. 27, 2018
In 2020, the World Bank...
Immediate need for the cessation of yearly installment payments for the...
By Leonidas Chrysanthopoulos
Ambassador ad honorem
1.4.2020
The Greek government announced measures this week to alleviate the plight of those Greeks who had been hit financially by...
¿Por qué la anulación de la deuda alemana en 1953 no...
por Eric Toussaint
27 de marzo 2018
En 2020, el Banco Mundial (BM) y el FMI cumplirán 76 años. Estas instituciones financieras internacionales (IFI), creadas en...
Le manque de solidarité est un «danger mortel» pour l’Europe, selon...
Face au coronavirus, le Conseil européen de jeudi a montré les divisions entre les 27, en particulier entre pays du Nord et du Sud.
Par...
Will Ecuador once again set an example of courage in the...
24 March 2020
Will Ecuador once again set an example of courage in the face of creditors? On March 23, 2020, the National Assembly adopted...
Virtual summit, real acrimony: EU leaders clash over ‘corona bonds’
Push by Italy and Spain for new financial instruments faces resistance from Germany and the Netherlands.
By David M. Herszenhorn, Jacopo Barigazzi
and Rym Momtaz
3/27/20
The...
Germany and the Banks destroy Greece (2010, 2015), now they want...
The article we are publishing below is the third in a series inspired by Costa Gavras' film Adults in the Room and the publication...
The Unexpected Reckoning: Coronavirus and Capitalism
The coronavirus pandemic has provoked a severe economic and social crisis, and a reckoning with capitalism’s unmanageability
By Radhika Desai
March 17, 2020
It is perhaps fitting...
A Brady Bond Solution for America’s Unpayable Corporate Debt
by Michael Hudson
March 25, 2020
Even before the Covid-19 crisis has slashed stock prices nearly in half since it erupted in January, financial markets were...