Eurodad’s work on debt is in the following areas:
Promoting multilateral debt cancellation for all those countries of the South that need it. Eurodad monitors official initiatives, analyses key debates and informs and stimulates advocacy;
Tracking and scrutinising bilateral debt, private debt and export credit agencies. Eurodad exposes dubious deals and calls for new, fair and transparent loan contraction and arbitration processes;
Working to reveal that many debts are illegitimate and that co-responsibility should be assumed by creditors;
Advocating a needs-based approach to debt sustainability to replace the orthodoxy based on repayability.