Greece’s debt crisis
Witness History16 Heinä 2025

Greece’s debt crisis

It was a week that brought the future of Greece and the Eurozone to the brink. Ten years ago, on 6 July the Greek people voted against the terms of a financial bailout which included raising taxes and slashing welfare spending.

Greece owed €323bn to various countries and banks within Europe. Its banks were closed. A quarter of the population and half of Greece’s young people were unemployed.

The morning after the vote, Euclid Tsakalotos was brought in to replace Yanis Varoufakis as finance minister. His predecessor had accused European leaders of “terrorism” in their handling of the crisis. Parachuted in to last-ditch talks with angry European leaders, Euclid Tsakalotos describes to Josephine McDermott the make-or-break 17-hour summit in Brussels.

He reveals that when Angela Merkel, the leader of Greece’s biggest lender Germany, said she was leaving the room because she could not accept what was on the table, Donald Tusk, president of the European Council, actually locked the door to stop her leaving and force an agreement to be reached.

Eye-witness accounts brought to life by archive. Witness History is for those fascinated by the past. We take you to the events that have shaped our world through the eyes of the people who were there. For nine minutes every day, we take you back in time and all over the world, to examine wars, coups, scientific discoveries, cultural moments and much more.

Recent episodes explore everything from football in Brazil, the history of the ‘Indian Titanic’ and the invention of air fryers, to Public Enemy’s Fight The Power, subway art and the political crisis in Georgia. We look at the lives of some of the most famous leaders, artists, scientists and personalities in history, including: visionary architect Antoni Gaudi and the design of the Sagrada Familia; Michael Jordan and his bespoke Nike trainers; Princess Diana at the Taj Mahal; and Görel Hanser, manager of legendary Swedish pop band Abba on the influence they’ve had on the music industry. You can learn all about fascinating and surprising stories, such as the time an Iraqi journalist hurled his shoes at the President of the United States in protest of America’s occupation of Iraq; the creation of the Hollywood commercial that changed advertising forever; and the ascent of the first Aboriginal MP.

(Photo: A queue outside a bank in Greece in 2015. Credit: Getty Images)

Jaksot(2000)

The 'Snow Revolution' against Vladimir Putin

The 'Snow Revolution' against Vladimir Putin

Starting in late 2011, tens of thousands of protestors took to the streets to try to stop what they saw as a power grab by Russian leader Vladimir Putin. The demonstrators wanted to stop what they considered a fraudulent parliamentary election and a surprise announcement that Putin would run for president for a third time. The movement was not successful, but analysts say it worried the Russian leader so much that he launched a crackdown on dissent that has lasted to this day. Rachel Naylor talks to Russian rock journalist, Artemy Troitsky, who composed a song that became an anthem of what was sometimes called the "Snow Revolution".(Photo: An anti-Putin rally in Moscow in December 2011. Credit: Getty Images)

28 Maalis 20229min

Soviet holidays in Crimea

Soviet holidays in Crimea

Artek, on the shores of the Black Sea in Crimea, was the Soviet Union's most popular holiday camp. Thousands of children visited every year. Maria Kim Espeland went there in the 1980s. She spoke to Lucy Burns in 2014.Photo: Group of children attending Artek. (Credit: Irina Vlasova)

25 Maalis 20229min

Ukraine's Babi Yar massacre

Ukraine's Babi Yar massacre

During World War Two, Ukraine was occupied by Nazi Germany and on 29th September 1941, the organised massacre of Ukrainian Jews began. In the capital Kyiv, most of the victims were taken to a ravine on the outskirts of the city called Babi Yar, and shot. In 2011, David Stern spoke to Raissa Maistrenko, who escaped the shooting as a three-year-old girl, and to Rabbi Alexander Dukhovny, whose mother survived the Holocaust outside the city.PHOTO: The memorial at the Babi Yar site near Kyiv (Getty Images)

24 Maalis 20229min

The Budapest Memorandum

The Budapest Memorandum

Following the break-up of the Soviet Union, Ukraine inherited the Soviet-era atomic weapons on its soil and became - for a few years - the world's third biggest nuclear power. After months of tense diplomacy, the newly independent Ukraine agreed to give up the weapons in return for what were termed "assurances" about its future security and territorial integrity. These "assurances" were agreed by Russia, the USA and Britain in the Budapest Memorandum, signed in December 1994. They are now controversial given the Russian invasion of Crimea in 2014 and then the rest of Ukraine in 2022. Louise Hidalgo talks to Steven Pifer, a senior American diplomat involved in the talks.PHOTO: Pro-Ukrainian demonstrators in London in 2022 (Getty Images)

22 Maalis 20229min

The Chernobyl nuclear disaster

The Chernobyl nuclear disaster

In April 1986 a reactor exploded at the Chernobyl nuclear power plant in Ukraine, in the USSR, causing the worst nuclear accident ever. Sergii Mirnyi was in charge of a monitoring unit which measured radiation levels in the 30 km exclusion zone around the plant.(Photo: The Chernobyl plant shortly after the explosion in 1986. Credit: Getty Images)

21 Maalis 20229min

The Shard

The Shard

The Shard - one of the dominant features of the London skyline - opened to the public in February 2013. Designed by Italian architect Renzo Piano, the skyscraper divided public opinion: it features tall, fractured slivers of glass rising in a pyramid-like shape to a jagged spire. The Shard is also home to London's highest viewing gallery. Reena Stanton-Sharma talks to engineer, Roma Agrawal, who helped build the Shard.PHOTO: The Shard towering over South London (Getty Images)

18 Maalis 20228min

Zaha Hadid's Cincinnati Arts Center

Zaha Hadid's Cincinnati Arts Center

When the Contemporary Arts Center in Cincinnati opened to the public in 2003 it wowed both the public and critics. With its undulating curves and galleries that interlock, it was the first major project that the renowned architect had completed, and also the first American museum to be designed by a woman. The New York Times hailed the Contemporary Arts Center as the most important building to be completed in the US since the Cold War. Farhana Haider has been listening to archive interviews with the late Zaha Hadid and speaking to Jay Chatterjee, Dean Emeritus at the college of Design Architecture, Art and Planning at the University of Cincinnati. He was on the panel that chose her ground-breaking design.Photo Credit Courtesy of the Contemporary Arts Center

17 Maalis 202211min

Teheran's Freedom Tower

Teheran's Freedom Tower

A vast new monument was opened to the public in Tehran in early 1972. It was called Shahyad and was dedicated to centuries of Iranian royalty. After the Islamic revolution of 1979 the monument's name changed to the Azadi or Freedom Tower, but it has remained a centrepiece for public events and demonstrations in the city. In 2016, Rozita Riazati spoke to Hossein Amanat, the young architect hired to design it.PHOTO: The Azadi tower in 2016 (Getty Images)

16 Maalis 20229min

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