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Support of the Greek people and government: Putting Life before the Debt

Support of the Greek people and government: Putting Life before the Debt

Putting Life before the Debt


We, the members of the Latin American Network on Debt, Development and Rights (Latindadd) express our full support for the Greek government and people under pressure from their international creditors led by the International Monetary Fund (IMF), in the following terms:

  1. As has happened in several Latin American countries, the IMF threatens Greece with the destruction of its productive economic foundations and its democratic institutionalism. With its austerity and adjustment programs, the creditors under the command of the IMF since 2010 have already managed to force Greece to deepen its debt problem, relinquish state assets through privatization, and drastically contract its economy. By doing so, the Greek people’s livelihoods and expectations have been destroyed in order to favor private banks.
  2. A neoliberal dictatorship has been created in Europe, one that no one elected but that has decided to impose a political-economic program on the Greek people and despite the Greek people having voted in favor of a distinct proposal for debt management that guarantees the life of its people and not the coffers of the banks that have caused the global crisis.
  3. Just as the Greek Prime Minister Alexis Tsipras has expressed, the “criminal” action of the IMF and the so-called troika that it is a member of with the European Commission and the European Central Bank, have already managed to establish that more than half of the Greek annual budget be allocated to debt payment and interests, to the detriment of health, education, labor, aid, pensions, salaries, all social services and benefits, and productive policies. But in addition to this criminal action, now the troika wants to impose stricter measures and opposes the Greek government waging higher taxes on big business and large fortunes and instead demands the use of general taxes, such as the value-added tax, and the continuation of cutting back rights in order to pay off the debt.
  4. More than a technical background issue, a political orientation exists that aims to undercut the legitimacy of the Greek government, one elected by the Greek people to launch a transformation. It is worth mentioning that in 2013 Olivier Blanchard, director of the IMF research department, acknowledged that the fiscal adjustment in Greece was excessive because the calculations were incorrectly made. At that time, he asked the European Union (EU) to reduce this requirement, something that did not occur. Now, however, the IMF has changed its focus and has returned to its political position of dismantling the Greek State and decreasing consumption.
  5. The transfer of the toxic assets of the private banks to the Greek public sector, among other irregular acts, demonstrates the illegitimate nature of Greekpublic debt. In light of this, the Greek parliament already has established a Truth Commission on the Debt. With the results from this investigation, the Greek debt and the imposition of new austerity measures by the troika that represent death to the Greek people must be repudiated.
  6. Thus, Latindadd expresses its solidarity with the Greek people and government and supports their willingness to forge a path distinct from neoliberalism in order to face its debt crisis.
  7. At the same time, Latindadd calls on the governments of the States of the Community of Latin American and Caribbean State (CELAC) to clearly manifest their solidarity with the Greek people and government and to take a stand in their defense in the international forums whenever this is possible.
  8. Latindadd also calls on social movements and organizations in Latin America and the Caribbean to publicly express the same, especially in upcoming international forums, and to encourage organizations from European countries to exert influence on their own governments in order to put an end to the pressure on democracy in Greece and to stop the continued aim to submit, with impunity, the dignity of the sacrificed Greek people.

Latin America, 2 July 2015

Latin American Network on Debt, Development and Rights [Red LatinoamericanasobreDeuda, Desarrollo y Derechos] – Latindadd

-Bolivia: Centro de Estudios para el Desarrollo Laboral y Agrario (CEDLA); and Fundación Jubileo
-Brazil: Auditoria Ciudadana de la Deuda; e Instituto de Justicia Fiscal (IJF)
-Colombia: Corporación de Investigación y Acción Social y Económica (CIASE); and Instituto Popular de Capacitación (IPC)
-Costa Rica:ComisiónNacional de Enlace (CNE)
-Ecuador: Centro de DerechosEconómicos y Sociales (CDES); andJubileo 2000 Red Ecuador
-El Salvador: Centro de InvestigaciónsobreInversión y Comercio (CEICOM)
-Guatemala:MovimientoTzuk Kim Pop
-Honduras: Foro Social de la Deuda Externa y Desarrollo de Honduras (FOSDEH); and Pastoral Social Caritas Honduras
-Mexico: Red Mexicana frente al LibreComercio (RMALC)
-Nicaragua: Centro de loaDerechosdelCampesino (CEDECAM); Coordinadora Civil; and Red Nicaragüense de ComercioComunitario (RENICC)
-Peru: Red JubileoPerú, Forum SolidaridadPerú (FSP); andComisión Episcopal de Acción Social (CEAS)

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