25.01.2011 - 20:05 [ International Viewpoint ]

The people of Europe should audit the debt

Eric Toussaint of the Campaign for the Cancellation of Third World Debt (CADTM) was a a member of the Audit Committee set up by the president of Ecuador, Rafael Correa, in order to avoid a large proportion of Ecuador’s public debt. In Ecuador, the debt audit helped sucessfully delete $3.2 billion from the debt.