debt

February 12, 2015

Household debt to grow three times faster than wages

New research shows that official UK growth forecasts are dependent on household debt growing three times faster than pay.
February 7, 2015

IMF cancels $100 million of Ebola debt after intense pressure

The IMF has announced that it will cancel almost $100 million of debt owed by Guinea, Liberia and Sierra Leone.
February 3, 2015

Debt relief for Greece makes economic and moral sense

Ekklesia, the politics and beliefs thinktank, has joined senior religious leaders in calling for a positive debt deal for Greece and an alternative, moral approach to the economic crises brought about by debt-deflationary policies and austerity.
January 26, 2015

Syriza has to tackle embedded tax abuse

While the focus over Syriza’s win in the Greek general election is understandably the EU and debt, the really big issue facing the anti-austerity coalition is much more deeply embedded and will take longer to solve – corruption driven by debt.
January 26, 2015

Understanding the significance of the Greek debt crisis

It is not the people of Greece who have benefitted from bailout loans from the IMF, EU and European Central Bank, but the European and Greek banks which recklessly lent money to the Greek State in the first place.
January 26, 2015

German post-war debt cancellation shows 'right way to solve EU crisis'

The election of anti-austerity coalition Syriza in the parliamentary elections in Greece opens up a new path for tackling debt, say reformers.
December 4, 2014

Osborne policies a 'spectacular failure', says NEF

Chancellor George Osborne is trying his best to spin his way out of trouble on the failures of austerity economics to deliver sustainable, widespread recovery and reduce debt.
November 29, 2014

Brazilians triumph in 'David v Goliath' tax battle

Poor Brazilian farmers have won a David v Goliath battle to be exempted from huge tax demands for land where they have lived and worked for over a century.
November 22, 2014

Bunk beds and capitalism

In my local area, over a quarter of the children are living in poverty. The way the economy completely fails them and compounds their problems was illustrated by a glossy catalogue delivered through letterboxes in the area.
October 12, 2014

Lending boom threatens new debt crises in poor countries

New figures predict that current rates of lending could lead to debts becoming unsustainable in many impoverished countries over the next decade.