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.

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

Avsnitt(2000)

The Treaty of Rome

The Treaty of Rome

The treaty which established the European Economic Community was signed by six countries in 1957 - France, West Germany, Belgium, Italy, Luxembourg and the Netherlands. It was hoped that European countries would never go to war again, if they were tied together by economic interests. The treaty formed the basis for what is now the European Union.Photo: European leaders at the Palazzo dei Conservatori in Rome. Credit: Keystone/Getty Images

31 Jan 20208min

The first self-made female millionaire

The first self-made female millionaire

Madam C. J. Walker was the first ever self-made female millionaire. She was born to former slaves in the USA and was orphaned at seven but against all the odds she went on to create her own business selling black hair-care products. By the time of her death in 1919 she'd become a famous philanthropist and civil rights campaigner. Claire Bowes has been speaking to her great great granddaughter A'Lelia Bundles. Photo: Madam Walker Family Archives/A'Lelia Bundles

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The ancient oak tree that taught the world a lesson

The ancient oak tree that taught the world a lesson

The remarkable Turner's oak in Kew Gardens in London not only survived the Great Storm that ravaged the south of England in 1987, but also changed the way that trees are cared for around the world. Alejandra Martins has been speaking to Tony Kirkham, head of the Arboretum at Kew. (Photo: Turner's oak. Credit: Alejandra Martins)

29 Jan 202011min

Reforming India's rape laws

Reforming India's rape laws

In January 2013 the Indian government began to overhaul the country's laws on rape following the brutal gang rape and killing of a 23 year old physiotherapy student in Delhi. The public outcry across India forced the government to commission a legal review. Farhana Haider has been speaking to Gopal Subramanium, one of the three senior lawyers tasked with reforming the way India tackled violence against women.(Photo: Justice Leila Seth. Justice J Verma and Justice Gopal Subramanium and team deliver their report. January 2013. Credit: Permission of Gopal Subramanium)

28 Jan 202011min

The Way Ahead group: Modernising the Royal Family

The Way Ahead group: Modernising the Royal Family

Prince Harry and Meghan’s announcement that they will step back from their royal duties is not the first time the British royal family has tried to reform itself from within. In 1992 Queen Elizabeth had what she called her “annus horribilis” . It was the year that her sons Prince Charles and Prince Andrew both separated from their wives, while her daughter Princess Anne got divorced - and it was also the year that Windsor Castle caught fire. The Way Ahead group was set up by senior members of the royal family and some of their closest advisors to make sure that Britain’s monarchy stayed relevant in the modern age. Lucy Burns speaks to Charles Anson, who was the Queen’s press secretary at the time.(Photo: Queen Elizabeth II makes her "annus horribilis" speech at London's Guildhall, November 1992. Credit: Anwar Hussein/Getty Images)

27 Jan 20209min

The frozen zoo

The frozen zoo

In 1975, San Diego Zoo began placing tissue samples of rare animals in cryogenic storage for the benefit of future generations. Called the Frozen Zoo, the refrigeration system now contains the cells of more than 1000 species ranging from the white rhinoceros to the black-footed ferret. Scientists are now using the collection to try to save species threatened by extinction. Simon Watts talks to Dr Oliver Ryder, who has worked at the Frozen Zoo from the very beginning.PHOTO: Northern White Rhino cells in the Frozen Zoo (San Diego Zoo Institute For Conservation Research)

24 Jan 20209min

The discovery of whalesong

The discovery of whalesong

Whales were being hunted to extinction, when in 1967, a biologist called Dr Roger Payne realised they could sing. It changed the perception of whales and helped found the modern conservation movement. Claire Bowes spoke to Dr Payne about his discovery in 2017. This programme is a rebroadcast.(Photo: Humpback Whale, courtesy of Christian Miller of Ocean Alliance)

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Silent Spring: A book that changed the world

Silent Spring: A book that changed the world

Silent Spring, written by marine biologist Rachel Carson, looked at the effect that synthetic pesticides were having on the environment. Within years of its publication in 1962, the widespread use of DDT had been outlawed in the USA. Louise Hidalgo has been speaking to Carson's adopted son Roger Christie about the author and her work.Image: A copy of Silent Spring (Credit: Science Photo Library)

22 Jan 20209min

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