Vulture funds target crisis countries that are already struggling to finance public services and infrastructure. An initiative in Belgium positions the country as a pioneer in efforts to stop vulture funds.
Debt Justice
New anti-vulture fund legislation in Belgium: an example for Europe and rest of the world
- Debt Justice
- Debt Resolution
World Debt Figures 2015
The Committee for the Abolition of Third World Debt (CADTM) has been working tirelessly since 1990 to demonstrate the relationship between debt and the inability of the world’s economic system to secure even the most basic rights for hundreds of millions of people around the world.
- Debt Justice
- Debt Resolution
- CADTM
The Suffering of Others: The human cost of the International Finance Corporation’s lending through financial intermediaries
Billions in “out of control” IFC investments into third-parties causing human rights abuses around the world
- Debt Justice
- Oxfam International
Towards justice-centred debt solutions: Lessons from Argentina
In a report titled, “Towards justice-centred debt solutions: Lessons from Argentina,” launched by Eurodad's member Debt & Development Coalition Ireland (DDCI), Argentine economist Professor Alan Cibils points to a number of lessons for Ireland and Europe from the Argentinean experience of debt crisis.
- Debt Justice
- Debt Resolution
- DDCI
Socialising losses, privatising gains
Eurodad’s members SOMO and Both ENDS in collaboration with Transnational Institute and Milieudefensie (Friends of the Earth Netherlands) have published a report titled Socialising losses, privatising gains. How Dutch investment treaties harm the public interest. This paper gives a critical civil society perspective on the clear tension between BITs protections and the democratic right and duty of the state to regulate in the broader public interest.
- Debt Justice
- Both ENDS
- SOMO
Six key points about Greek debt and the forthcoming election
Eurodad member Jubilee Debt Campaign have put together a briefing of six key facts about Greece’s debt ahead of the country's elections on Sunday 25th January.
- Debt Justice
- Illegitimate Debt
- Jubilee Debt Campaign
Vultures in Paris: Bilateral creditors achieve deal with Argentina
Argentina and its bilateral creditors, coordinated by the Paris Club, have reached a deal to settle outstanding loans that were in default since 2001. According to the agreement made on 29 May, Argentina is going to pay US$ 9.7 billion over the next five years.
- Debt Justice
- Debt Resolution
Ten reasons why the debt crisis is not over
This Eurodad report looks at the new debt picture in the sixth year of the global financial crisis. Debt vulnerabilities have changed, but overall they have not been substantially reduced. Unsustainable and illegitimate debt is still a risk to financial stability and, ultimately, to the economic and social fabric of our nations.
- Debt Justice
- Debt Sustainability
Vulture funds: US court ruling on Argentina enrages debt justice campaigners
The long litigation odyssey between the government of Argentina and holdout creditors continues.
- Debt Justice
- Debt Resolution
IMF acknowledges failure of recent debt restructurings, proposes new reforms
As the United Nations moves rapidly towards alternative proposals to sovereign debt work-out, it seems that the International Monetary Fund (IMF) does not want to be sidelined on the issue.
- Debt Justice
- Debt Resolution