The number of poor countries facing major debt crises has doubled since 2013, and only 1 in 5 are now considered to be at low risk of crisis. With some countries in the midst of crisis and others on the brink, meeting the Sustainable Development Goals (SDGs) remains a pipe dream, writes Mark Perera.
Finland's decision to slash its development aid by 43% has dealt a serious blow to the credibility of the entire European Union at a crucial time, write Niina Mäki and Jeroen Kwakkenbos.
European debt justice groups welcome the plans of the new Syriza-led government to renegotiate Greece’s heavy debt burden with its creditors. These negotiations should start as soon as possible, writes Bodo Ellmers.
For every dollar that developing countries have earned since 2008, they have lost $2, which proves that the global financial system is failing poorer nations, writes Jesse Griffiths.
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