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.

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.

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

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The killing of Osama Bin Laden

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The battle of Tora Bora

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When the Taliban were ousted from power in Afghanistan in 2001, the hunt for Osama bin Laden began in earnest. One American in particular led the search. He was CIA commander, Gary Berntsen, who had been tracking the al-Qaeda leader for years. In December 2001 he ordered a small group of special forces soldiers and Afghan fighters into the White Mountains, close to the border with Pakistan, in the hope of cornering bin Laden in the caves of Tora Bora. But as Gary Berntsen tells Rebecca Kesby, in spite of heavy bombardment bin Laden managed to give them the slip.(PHOTO: Local anti-Taliban fighters help US special forces in the assault on the White Mountains and Tora Bora cave complex in Afghanistan, December 2001. (Photo by Chris Hondros/Getty Images)

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The Nairobi US Embassy bombing

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In August 1998, more than 200 people were killed in co-ordinated bomb attacks on two US embassies in East Africa. They were among the first major attacks linked to Osama bin Laden and the al-Qaeda network. We hear from George Mimba who was working inside the embassy in Kenya when the bomb detonated. Photo: Rescue workers at the scene of the Nairobi embassy bombing (AFP/Getty Images)

28 Apr 202110min

Meeting Osama bin Laden

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When the Palestinian journalist Abdel Bari Atwan agreed to go and interview Osama bin Laden in 1996 he was apprehensive. By the time he reached the Al-Qaeda leader's mountain hideout - he was shaken and scared - but what was the man himself really like? Claire Bowes reports.This programme is a rebroadcast.Photo: Osama bin Laden. Credit:AFP/Getty Images

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The siege of Mecca

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In 1979 Islamist militants seized control of the Grand Mosque in Mecca, the holiest site in Islam. Hundreds were killed as Saudi security forces battled for two weeks to retake the shrine. The militants were ultra-conservative Sunni Muslims who believed that the Mahdi, the prophesied Redeemer, had emerged and was a member of their group. The BBC's Eli Melki spoke to eyewitnesses who were inside the Grand Mosque during the siege.Photo: Fighting at the Grand Mosque in Mecca after militants seized control of the shrine, November 1979 (AFP/Getty Images)

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The first space shuttle mission

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On 12th April 1981, the space shuttle Columbia made history becoming the first ever reusable space craft to fly into orbit. It marked the start of a 30-year shuttle programme which revolutionised the history of manned space exploration. Using NASA and BBC archive we tell the story of this historic test flight. Photo: NASA photo shows the first launching of the space shuttle from the Kennedy Space Center in Florida. Columbia carried astronauts John Young and Robert Crippen. (AFP via Getty Images)

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