As our world slides down the slippery road of demagoguery and hate-driven politics, now is the time for Europe to rise from its own deep crisis and be the global leader we all need,writes Demetres Karavellas.
Europe cannot build healthy societies and vibrant economies on a degraded and diminished ‘natural capital’ as this ecological debt would ultimately lead to its demise, writes Demetres Karavellas.
Greece’s economy needs to breathe and Europe needs a groundbreaking economic take-off.
Q: Why would creditors agree to drop debt for countries in public debt crisis, such as Greece? What is there for them to gain?
The CEO and the Head of policy of WWF Greece, Demetres Karavellas and Theodota Nantsou, met on Friday 4 November with the President of New Democracy, Kyriakos Mitsotakis, so as to present the discussion paper “Debt relief for a living economy in Greece” that was published on 2 November by WWF Greece.
Seven years of crisis and austerity in Europe are placing great strain on the European project. In Europe’s nature, life goes on: Greece hosts a unique ecological treasury, which is threatened by increasing pressures for rapid but unsustainable growth and environmental deregulation.
Imagine a situation where an unfolding economic crisis becomes the driving force for innovative thinking towards a greener, more equitable world. A world where crippling public debt is transformed into funding for the common good and where truly sustainable development begins to dominate the political agenda.
Europe should explore creative ways to provide relief to indebted countries like Greece, if they pursue green investments and accelerate the switch to a sustainable economy, WWF’s Demetres Karavellas told EurActiv.com.
Do you talk green in a country facing economic collapse, skyrocketing unemployment and widespread anxiety, endless political instability and the rise of meaningless populism?