Break the chains of Greece's debt
For the first time since the Eurozone crisis began, a European government is standing up for the needs of its citizens by rejecting an enormous and unjust debt burden
– one that was caused by bailing out European banks and financial speculators.
Please sign our petition to Cancel Greek Debt now >>
In January, after five long years of punishing austerity followed by deepening poverty, inequality and social crisis, the Greek people demanded a change of course. They gave their new government a mandate to end austerity and renegotiate the terms of Greece’s bailout loans.
But five months into the negotiations, Greece’s powerful creditors are refusing to budge. The ‘Troika’ of the European Union, the IMF and the ECB are demanding more of the same austerity ‘medicine’ that has plunged Greece into crisis.
Greece’s hospitals are running out of medicines, nurses are not being paid, and yet debt payment after debt payment is being demanded in full. That’s why this week we’re taking part in a week of solidarity action around Europe to demonstrate the extent of public support for Greece’s struggle for debt justice.
TODAY we've joined with more than 40 organisations in 14 countries across Europe to launch a joint petition demanding debt cancellation for Greece, an end to forced austerity, and new rules for tackling debt crises around the world.
A big show of support from people across Europe in the coming days and weeks is vital to help Greece resist the growing pressure to submit to more punishing bailout conditions.
Please sign & share the Europe-wide petition to Cancel Greek Debt today >>
The evidence of the injustice of Greece’s debts is stacking up. Yesterday, the Greek Parliament presented the preliminary findings of the Greek Debt Truth Committee, a citizen’s debt audit modelled on those used by countries across the global South in their struggles against illegitimate debt.
The Commission found that “Greece has been and still is the victim of an attack premeditated and organized by the International Monetary Fund, the European Central Bank, and the European Commission… aimed exclusively at shifting private debt onto the public sector."
As our co-chair Roger Chisnall told the meeting: “The austerity imposed in the name of paying this illegitimate debt has contravened human rights, and we see no reason why it should be paid. The costs of cancelling debt should not be recovered from the people of Greece, but from banks which were the real beneficiaries of the bailouts.”
Just 8% of the €252 billion bailout loans paid to Greece since 2010 have reached the Greek people, while the other 92% has gone to Greek and European financial institutions whose reckless lending helped to cause the crisis.
Please help us spread this action and show the people of Greece the support they have from people across Europe in their fight for debt justice.
Take action: Sign the Europe-wide petition to Cancel Greek Debt now >>
Thanks for everything you do,
Jubilee Debt Campaign
Week of solidarity action with Greece, 20-26 June 2015
SATURDAY 20 JUNE
Join us in the International Bloc
on Saturday’s End Austerity Now march from the Bank of England to Parliament Square. We will be collecting Cancel Greek Debt signatures from 12 noon til 4pm. Look out for our flags or text 07818 651124 if you can join us.
TUESDAY 23 JUNE
On Tuesday we are joining the Greek Solidarity Campaign, the International People’s Assembly, Global Justice Now and others in Trafalgar Square from 6.30pm for a 'Change Europe - Solidarity with Greece'
demonstration. Bring home made banners and placards or help spell out a (top secret) message with giant letters!
Once again we’re taking the Drop the Debt Routemaster bus to Glastonbury Festival next week where we’ll be by the John Peel stage. If you’re heading to the festival come and visit the bus and grab a Drop Greece’s Debt badge while you're at it.