Greece’s debt crisis
Witness History16 Jul 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.

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

Episoder(2000)

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Tunisia’s legal brothels

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When Israel destroyed Iraq's nuclear reactor

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How Switzerland defeated its heroin epidemic

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4 Jun 20219min

Afghanistan's poppy problem

Afghanistan's poppy problem

Laila Haidari set up Kabul's first independent drug rehabilitation centre in 2010. Having helped her own brother to quit his heroin addiction she wanted to help others. More than 80% of the world's illegal opium and heroin comes from Afghanistan. International criminal groups have exploited years of warfare and lawlessness to expand production, but the insecurity has also led to poverty and increased drug addiction inside Afghanistan. Laila Haidari explains to Rebecca Kesby how local people have been affected. (PHOTO: An Afghan farmer harvests opium sap from a poppy field in the Surkh Rod district of Nangarhar province in 2018. The US government has spent billions of dollars on a war to eliminate drugs from Afghanistan, but the country still remains the world's top opium producer. (Credit NOORULLAH SHIRZADA/AFP via Getty Images)

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When Peru mistook missionaries for drug traffickers

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In April 2001 the Peruvian Air Force mistakenly shot down a small passenger plane as it flew over the Amazon jungle. The Peruvians believed the aircraft was carrying drugs. Onboard was a group of American missionaries. Mike Lanchin spoke to Jim Bowers, who survived the crash, but whose wife and baby daughter were killed.This programme is a rebroadcastPhoto: The missionary plane shot down by the Peruvian Air Force lies in shallow waters of the Amazon River. (Photo by Newsmakers)

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The killing of Pablo Escobar

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The Colombian drug trafficker, once one of the richest men in the world, was shot dead by police in December 1993. He had been on the run from the authorities for over a year. Jordan Dunbar has been speaking to Elizabeth Zilli who worked for the US Drug Enforcement Agency in Colombia and who helped track down Pablo Escobar.Photo: Colombian forces storm the rooftop where drug lord Pablo Escobar was shot dead on 2nd December 1993. (Credit:Jesus Abad-el Colombiano/AFP/Getty Images)

1 Jun 20219min

The war on drugs

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The first 'war on drugs' was launched by US President Richard Nixon in 1971. He described drug abuse as a 'national emergency' and asked Congress for nearly four hundred million dollars to tackle the problem. Claire Bowes spoke to one of Nixon's policy advisors, Jeffrey Donfeld, about an approach to drugs which he describes as more 'find them and help them' than 'find them and lock them up'. And how he convinced the President to roll out a nationwide programme of methadone treatment for heroin addicts.This programme is a rebroadcastPhoto: US President Richard Nixon (BBC)

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