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RT @YanniKouts: Bild tries to offset negatve publicity ovr 'Nein' to Greece campaign w an editorial: "We empathize w the Greeks!" http://t.…
RT @Ekklesia_COO: @dropthedebt Wouldn't it be nice if #Germany marked the anniversary by returning the favour? #dropthedebt #Greece
RT @USILive: How Europe cancelled Germany's debt in 1953 http://t.co/NhYQb9Bwpm via @dropthedebt < worth remembering as Germany squeezes Gr…
Ukraine bailout may go down as the least effective ever seen http://t.co/aLiFaDi8al
Negotiations are not over, they have just begun. And so has the fight. #letgreecebreathe @telesurenglish http://t.co/FxHkBtrp2c
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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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    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 [...]

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  • 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 [...]

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Latest from the campaign

  • 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 [...]

  • Photo:  Chaouki/Flickr

    Six key points about Greece’s debt

    Tim Jones, 26 January 2015

    Greece’s election has delivered a clear rejection of Troika-imposed austerity and the EU’s approach to the crisis. Here are six key points about Greece’s debt. 1) European banks were bailed out, not the people of Greece It is not the people of Greece who have benefitted from bailout loans from the IMF, EU and European [...]

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