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Inspired by the ancient idea of jubilee, a time when debts were cancelled, slaves were freed and land was redistributed, we are calling for a new debt jubilee in response to today’s global economic crisis: a Jubilee for Justice.

Greece: Break the chains of debt

Greece Chains protest 2

The people of Greece have demanded a new approach to the country’s enormous and unpayable debt. As the new Greek government starts talks aimed at debt cancellation, international support is crucial. Tell George Osborne, the Chancellor of the Exchequer, to support Greece’s call for a renegotiation of its debt.

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More actions

  • Ebola: Drop the Debt

    Ebola has already claimed the lives of more than 6,000 people in West Africa. Health workers are fighting day and night to treat and contain it, at great personal risk. Many haven’t been paid for months. Yet millions of dollars are leaving Liberia, Sierra Leone and Guinea in debt repayments. Please call on the IMF and World Bank to drop the debt for countries fighting Ebola now.

    7137 actions taken
  • No debt crisis from the UK aid budget

    History is repeating in the global economy. With interest rates low and investors hunting for returns, lending to the most impoverished countries has doubled since the crash. The previous era of irresponsible lending trapped countries in a spiral of debt from which it was impossible to escape. It set back the fight against global poverty [...]

    827 actions taken
  • Support Grenada’s call for debt justice

    The Caribbean island of Grenada has published a brave open letter explaining why it has stopped paying its debts. Grenada stopped making payments earlier this year. The island has been badly affected by loss of trade preferences to the EU for its banana and spice exports, hurricanes Ivan and Emily which destroyed the equivalent of [...]

    1366 actions taken
  • Tell the World Bank and IDB to pay reparations to Guatemalans

    In 1982, 400 people were massacred, with many more displaced, tortured, raped and starved, to make way for a hydroelectric dam which the World Bank and Inter-American Development Bank were funding in Guatemala. Despite agreement that reparations must be paid in this case, to date survivors and families of the massacre have received nothing. With [...]

    917 actions taken

Latest from the campaign

  • Loans to low income countries_Small

    Boom in lending to impoverished countries threatens ‘Greece style’ debt crisis

    Jubilee Debt Campaign, 24 March 2015

    Figures calculated by the Jubilee Debt Campaign, based on recently released data from the World Bank, show that loans to impoverished country governments have increased by 40% in just one year, and have almost tripled since the global financial crisis began in 2008. Lending to ‘low income countries’ increased to $17.3 billion in 2013, the [...]

  • Germany1953-small

    How Europe cancelled Germany’s debt in 1953

    Jubilee Debt Campaign, 26 February 2015

    The 1953 London Debt Accords show that European leaders know how to resolve a debt crisis in the interests of justice and recovery. Here are four key lessons for Greece’s debt crisis today. On 27 February 1953, an agreement was signed in London which resulted in the cancellation of half of Germany’s (then West Germany’s) [...]

  • Jubilee Debt Campaign

    Greek deal leaves debt burden unaddressed

    Jubilee Debt Campaign, 24 February 2015

    Commenting on Eurogroup approval of the four-month Greek bail-out extension, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: [...]

  • Greece Chains protest 2

    No deal will be worse for the Eurozone than for Greece

    Tim Jones, 20 February 2015

    The current deadlock between Greece and the rest of the Eurozone is over whether Eurozone governments will lend more money to enable Greece to meet international debt payments due this year, primarily €18 billion to the IMF and ECB. Most media attention is focused on this scenario, and what conditions Greece, Germany, and other Eurozone [...]

  • Liberia vendors_Small

    Welcome for Ebola debt relief, but warning over impact of new loans

    Jubilee Debt Campaign, 5 February 2015

    Reacting to the announcement by the IMF that it will cancel almost $100 million of debt owed by Guinea, Liberia and Sierra Leone, whilst lending $160 million in new loans, Tim Jones, Policy Officer at Jubilee Debt Campaign said: “The cancellation of debt payments coming due over the next two to four years is a [...]

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Jubilee Debt Campaign's registered charity number is 1055675