Greek Debt

The Troika has been cruel on Greece, and in spite of the resounding NO, OXI, NEIN, of the people, the controlled implosion of the country, planned every now and then to allow Big Capital to grab more assets, including human…

A particularly insightful opinion piece by Giles Fraser [1] for the Guardian reminds us that “In the 1980s, for example, the Greeks spent an average of 6.2% of their GDP on defence compared with a European average of 2.9%. In…

By the Jubilee Debt Campaign Greece’s debt crisis is coming to a head. On Sunday, Greeks will vote on whether to accept the further round of austerity ‘offered’ by the institutions last Friday – a deal which would bind Greece…

…when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know…

The BBC reports that “A committee convened by the Greek parliament has claimed much of the country’s debt of 320bn euros was illegally contracted and should not be paid.” “The concept of odious debt is established in international law where…