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 first human Cyborg

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Dr Seuss: the man who taught America to read

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Catching 'Carlos the Jackal'

Catching 'Carlos the Jackal'

In the 1980s Ilich Ramírez Sánchez known as 'Carlos the Jackal' was seen as the world's most-wanted terrorist. He had carried out bombings, killings and kidnappings and had been on the run for decades. He was finally arrested in Khartoum in August 1994. Alex Last spoke to former CIA operative, Billy Waugh, who tracked him down.Photograph: Rare photo of Carlos the Jackal, taken in the 1970s (AFP/Getty Images)

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The warnings before 9/11

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The daily disposable contact lens

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The contact lens was once a precious and expensive piece of eyewear which had to be looked after and carefully cleaned every night. But that all changed in the 1990s. Ron Hamilton was involved in developing lenses and packaging which could be made so cheaply they could be worn just once and then thrown away. He has been speaking to Ashley Byrne.Photo: Ron Hamilton (l) with his business partner Bill Seden (r) and their wives with their original contact lens machine. Courtesy of Ron Hamilton.

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The division of Kashmir

The division of Kashmir

In October 1947, an invasion of Kashmir by tribal fighters led to the division of the state between India and Pakistan. Andrew Whitehead speaks to victims of the invasion and political leaders in Kashmir to find out more about the roots of a crisis that endures to this day.PHOTO: Indian troops arriving in Kashmir in October 1947 (Getty Images)

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The Yangtze Incident

The Yangtze Incident

In 1949 a British warship, HMS Amethyst, launched a daring escape after it was held captive for months by Chinese Communists on the Yangtze river. The ship had been badly damaged when it was fired on by Communist forces as it sailed up the river to help evacuate British citizens from Nanking during the final months of China's civil war. Using eyewitness accounts in the BBC Archive, we tell the story of HMS Amethyst.Photo: The HMS Amethyst (F116) arrives in Hong Kong after it's epic escape down the Yangtse. (Photo Hulton-Deutsch Collection/CORBIS/Corbis via Getty Images)

9 Aug 201911min

British troops take to the streets of Northern Ireland

British troops take to the streets of Northern Ireland

In August 1969 the British Army was first deployed in Northern Ireland. Their job was to keep the peace on the streets of Londonderry where sectarian violence had broken out. To begin with the soldiers were welcomed by residents, but attitudes soon changed and what became known as 'The Troubles' got underway.Picture: Armed British soldiers on the streets of Northern Ireland, 15th August 1969 (Credit: Press Association)

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