Greece’s debt crisis
Witness History16 Juli 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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Beethoven's role in China's Cultural Revolution

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During the early years of Cultural Revolution in China, all European music was banned. Even enjoying traditional Chinese music and art was illegal. Anyone found with old instruments or recordings could be imprisoned. But that didn’t stop some musicians and enthusiasts from playing or listening to the music they loved, sometimes as an act of rebellion. A favourite during those times in China was the German composer – Ludwig Van Beethoven. Conductor, Jindong Cai tells Rebecca Kesby how he decided to become a musician after listening to an illegal recording of one of his symphonies.(Portrait of German composer Ludwig van Beethoven (1770 - 1827) by German painter Joseph Karl Stieler, 1820. (Photo by Kean Collection/Getty Images)

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Elisabeth Kübler-Ross and the Five Stages of Grief

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Denial. Anger. Bargaining. Depression. Acceptance. When Swiss psychiatrist Elisabeth Kübler-Ross published her bestselling book On Death and Dying in 1969, she described a series of emotional stages that she had seen terminally ill patients experience – later known as the Five Stages of Grief. But there was much more to her work in end of life care. Her son Ken speaks to Lucy Burns.Photo: Dr. Elizabeth Kübler-Ross, Virginia Farm, 1987. Photo courtesy of Ken Ross www.ekrfoundation.org

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