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 Notting Hill riots

The Notting Hill riots

In August 1958 Britain was shocked by nearly a week of race riots in the west London district of Notting Hill. The clashes between West Indian immigrants and aggressive white youths known as Teddy Boys led to the first race relations campaigns and the creation of the famous Notting Hill Carnival. Using voices from the BBC archives Simon Watts tells the story.Photo: Street scene in Notting Hill at the time the race riots broke out in 1958. Credit: Getty Images.

9 Loka 20198min

The first black woman MP in Britain

The first black woman MP in Britain

In 1987 Diane Abbott became the first black woman elected to the British Parliament. The daughter of first generation immigrants she was one of only four black MPs elected that day. In 2015 Diane Abbott spoke to Farhana Haider about her journey into the political history books.Photo: Diane Abbott in 1986. Copyright: BBC

8 Loka 20199min

Learie Constantine - fighting racism in the UK

Learie Constantine - fighting racism in the UK

The great West Indian cricketer, lawyer and member of the House of Lords took a London hotel to court when it refused to let him and his family stay there in 1943. Susan Hulme brings us his story from the BBC archives.Photo: Sir Learie Constantine outside Westminster Abbey in 1966. Credit: Douglas Miller/Keystone/Getty Images.

7 Loka 20198min

China opens up to capitalism

China opens up to capitalism

In May 1980 China allowed capitalist activity for the first time since the Communist Revolution, in four designated cities known as the Special Economic Zones. The most successful was Shenzhen, which grew from a mainly rural area specialising in pigs and lychees to one of China's biggest cities. In 2017 Lucy Burns spoke to Yong Ya, a musician who has lived in Shenzhen since the 1980s, and to ethnographer Mary Ann O'Donnell.IMAGE: Pedestrians and cars stream by a giant poster of Chinese patriarch Deng Xiaoping in Shenzhen, the first of China's special economic zones. TOMMY CHENG/AFP/Getty Images

4 Loka 20198min

The 1967 Hong Kong riots

The 1967 Hong Kong riots

Throughout much of 1967 striking workers and students filled the streets of Hong Kong. They were inspired by the Cultural Revolution in China and demanded an end to colonial British rule. Jasper Tsang Yok-sing was then an idealistic young student and he spoke to Rebecca Kesby in 2014.(Photo: Left wing workers put up anti-British posters in Hong Kong outside Government House. Credit: Central Press/Getty Images)

3 Loka 20199min

Mao's Cultural Revolution

Mao's Cultural Revolution

In 1966 Chairman Mao declared the start of the Cultural Revolution in Communist China, a radical and brutal attempt to reshape Chinese society. Saul Yeung was 20 years old at the time and in 2016 he spoke to Lucy Burns about his decision to join the Red Guards, tasked with carrying out Mao's revolution.Photo: Chinese Red Guards reading from Chairman Mao's Little Red Book (Getty Images)

2 Loka 20199min

My memories of Chairman Mao

My memories of Chairman Mao

American Sidney Rittenberg first met Mao Zedong in the 1940s during the final years of China's civil war and before Mao's victory over the Nationalist forces. Already a committed socialist, Rittenberg had been stationed in China during WW2 but decided to stay on and fight alongside Mao's Communists. In 2013 he spoke to Rebecca Kesby about his memories of one of the world's great revolutionaries.Photo: a poster of Chairman Mao in Beijing in the 1960s. Credit: AFP.

1 Loka 20198min

The birth of the People's Republic of China

The birth of the People's Republic of China

On 1 October 1949 Chairman Mao declared China to be a communist state. Zhu Zhende was a young recruit in the People's Liberation Army who marched in the celebrations in Beijing that day. He has been speaking to Yashan Zhao about the optimism and excitement of that time.Photo: An officer reads a newspaper to soldiers while they are waiting for the announcement of the foundation of the People's Republic of China on Tiananmen Square on October 1, 1949 in Beijing, China. (Credit: Visual China Group via Getty Images)

30 Syys 20198min

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