The Greek debt is illegitimate, illegal and odious

The Greek debt is illegitimate, illegal and odious

The Commission for the Truth on the Greek debt made its preliminary report public on 17 and 18 June; the Prime Minister Alexis Tsipras and several other ministers were attending. The findings of the audit conducted by over thirty Greek and international experts, make it clear that this debt is indeed illegal, illegitimate and odious and that as such it should not be paid. Now the Greek government has to decide on its attitude towards creditors and on social policies to meet the humanitarian crisis the country is going through. Popular mobilizations are an essential element to drive the Greek government towards making sovereign decisions that protect the peoples. Demonstrations are taking place all over Europe for the "European week of support to the Greek people" from 20 to 26 June. All European citizens are directly concerned by what is happening in Greece. What is at stake is our ability to resist against a neoliberal Europe that uses debt as a weapon of mass destruction. 

In Spain, Manuela Carmena and Ada Colau being made mayors of the country’s two main cities last weekend is blatant confirmation of the new electoral strength of the left at the municipal elections of 24 May. Next to Madrid and Barcelona, Zaragosa, La Corogna, Valencia and Cadix will also have new mayors from left-wing citizens’ platforms. 

In Argentina, the International Conference on Debt, Commons, and Domination - Resistances and alternatives to build the Buen vivir organized by the Assembly for suspension of payment and debt audit, for the defence of national heritage and common goods on 3, 4 and 5 June met with great success. It brought together many TU, social and citizens movements, and the CADTM took an active part, proposing a national, continental, or even international campaign to demand suspension of payment and debt auditing to defend common goods and point to alternatives towards the "buen vivir" ("good living"). Links have already been established between the Commission for the Truth on the Greek debt and the Commission recently set up in Argentina. It is in this context that Eric Calcagno, President of the Commission for the audit of Argentine debt and Claudio Lozano, Argentine MP, attended the presentation of the preliminary report of the audit on the Greek debt in Athens on 17 and 18 June. 

Let’s all march together to demand the cancellation of the illegitimate Greek debt.