Tag Archives: debt

India | Farmers storm India’s national capital, demanding freedom from debt and better price for their produce

Several thousand small-holder farmers from across India held a massive demonstration in New Delhi, from 20-21 November to draw attention to the acute agrarian distress plaguing the countryside and seeking immediate intervention by the Union Government.

Mozambique’s illegitimate hidden debt

The report on the audit on Mozambique’s “hidden” debt (2 billion dollars) made at the request of the Attorney General of Mozambique, began to circulate in late June 2017, several months behind schedule. Only the findings are currently available. They are clear: beyond the limits specified by the US cabinet Kroll: a large part of these loans are illegitimate.

Greece | Why Greece is Germany’s ‘de facto colony’

For days, the Greek leader has been working the phones, trying to secure the best possible terms for his country as it enters the last mile of its seemingly endless cycle of bailouts. So far, his efforts have won him more mockery than respect — especially in Germany.

Greece | Greece’s Parliament Has Just Approved Even More Austerity Measures

Greece’s government secured parliamentary approval late Thursday for a new batch of creditor-demanded measures that will impose further income losses on austerity-weary Greeks over the next three years but pave the way for a modest debt relief deal.

Greece | One government, four scenarios

Observing the country’s leftist-led government ahead of the second bailout review by its international lenders leaves us with more questions than answers.
Greece is still lagging in the implementation of its commitments. In certain sectors, such as labor and education reform, the responsible ministers have made decisions that go completely against the spirit, as well as the essence, of the bailout review.