European Network on Debt and Development - Eurodad

@eurodadnews.bsky.social

Eurodad is a network of 58 civil society organisations (CSOs) from 28 European countries working for economic justice. http://www.eurodad.org | http://eraofjustice.org

UK PM Andy Burnham has announced a £2 cap on bus fares 🚌 a welcome step for people forced into debt to pay for essentials by the cost of living crisis But there's a catch: it's partly funded by switching international climate finance from grants to loans 🧵

#Argentina’s long & turbulent history with @IMFNews is a clear example of how #debt burden can undermine sovereignty. For Aylén, the #RealCostOfDebt is the heavy repression she & her community face fighting for their right to live on their ancestral lands 👇

European Network on Debt and Development - Eurodad@eurodadnews.bsky.social · 3mo ago

What happens to democracy, when #debt repayments dictate government spending❓ Creditors’ interests are prioritised over the human rights of citizens❗ In #Argentina, Aylén's traditional land are under threat from #FossilFuel exploitation. More 👉 www.eurodad.org/debt_story_d... #RealCostOfDebt

🚨Check out @eurodadnews.bsky.social 'The Real Cost of Debt', a storytelling project revealing the costs of debt through experiences of people directly affected in Asia, Africa, the Middle East and North Africa, and Latin America and the Caribbean. Keep an eye on what's coming!👀

European Network on Debt and Development - Eurodad@eurodadnews.bsky.social · 3mo ago

🌍Around the world, billions of people’s lives are impacted by the global #debt crisis. We’ve been working w/ activists across the #GlobalSouth to share the #RealCostofDebt. ⏰The first story launches 5 May. Watch the trailer today! #CancelTheDebt #EraOfJustice