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)

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Mary Wilson

Mary Wilson

The Motown group The Supremes had a string of number one hits in 1964. They would become the most popular girl group of the 1960s. One of the three original singers, Mary Wilson, spoke to Vincent Dowd about growing up in Detroit, commercial success, and civil rights.Photo: The Supremes, (left to right) Florence Ballard, Mary Wilson, Diana Ross, on a visit to London in 1964. Credit: PA Wire.

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Free breakfasts with the Black Panthers

Free breakfasts with the Black Panthers

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The Immortal Cells of Henrietta Lacks

The Immortal Cells of Henrietta Lacks

The story of an African American woman who played a largely unsung role in countless medical breakthroughs over more than half a century. Henrietta Lacks had cells taken from her body in 1951 when she was suffering from cancer. Those cells were found to be unique in a most particular way. They continued to reproduce endlessly in the laboratory. Culture from those cells have since been used in thousands of scientific experiments. But as Farhana Haider reports, Henrietta herself was never asked if her cells could be used in medical research.(Photo: Henrietta Lacks. Copyright: Lacks Family)

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Britain's forgotten slave owners: Part two

Britain's forgotten slave owners: Part two

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Britain's forgotten slave owners: Part one

Britain's forgotten slave owners: Part one

It wasn't until recently that researchers working in the national archive in London discovered the extent to which ordinary people in Britain had been involved in the slave trade in the 18th and early 19th century. Louise Hidalgo has been talking to Dr Nick Draper, who uncovered volumes of records detailing the thousands of people who claimed compensation when slavery was abolished in Britain in 1834. He and colleagues at University College London set up the Legacies of British Slave-ownership database, documenting this forgotten part of Britain's history.(Photo: Taken from Josiah Wedgwood's medallion, 'Am I Not a Man and a Brother?''. The inscription became one of the most famous catchphrases of British and American abolitionists. Credit: MPI/Getty Images)

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How US 'smart bombs' hit an Iraqi air raid shelter in the first Gulf War

How US 'smart bombs' hit an Iraqi air raid shelter in the first Gulf War

More than 400 civilians were killed when two US precision bombs hit the Amiriya air raid shelter in western Baghdad on the morning of 13 February 1991. The Americans claimed that the building had served as a command and control centre for Saddam Hussein's forces. It was the largest single case of civilian casualities that ocurred during Operation Desert Storm, the US-led campaign to force Iraq to withdraw from neighbouring Kuwait. Mike Lanchin has been hearing from one Iraqi woman whose four children were inside the air raid shelter the day it was bombed. Photo: Inside the Amiriya air-raid shelter following the US bombing (Kaveh Kazemi/Getty Images)

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A Ghanaian nurse's story

A Ghanaian nurse's story

Nurses from outside the UK form a vital part of the country's National Health Service. Many come from African countries. Cecilia Anim - who left Ghana for England in 1972 - became the first black woman to be made president of the Royal College of Nursing. In 2017 she was awarded a CBE by the Queen. She has been speaking to Sharon Hemans for Witness History.Photo: Cecilia Anim as a student nurse in Ghana in the 1960s. Credit: Cecilia Anim.

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The paper that helped the homeless

The paper that helped the homeless

In 1989 celebrities in New York set up the 'Street News' paper to help the homeless. People living rough sold the paper at a profit instead of begging, initially it was very successful with around 250,000 copies sold per issue and the idea was copied around the world. Lee Stringer was living on the street when he began selling 'Street News', he discovered a talent for writing and went on to be a columnist and then editor of the paper. He told Witness History how living on the streets made him a better writer and how he became a successful author as a result of the chance he was given at 'Street News'.(Photo: A street vendor holds a copy of 'Street News'. Credit CBS)

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