
Debtocracy
Greece's debt crisis is the subject, and Debtocracy sets out to explain how a nation ended up owing more than it could pay, and who decided that austerity was the only answer. Journalist Aris Chatzistefanou and writer Katerina Kitidi built the film through crowdfunding, credited on-screen as the first documentary financed directly by its audience rather than a network or studio. Interviews and archival footage trace the debt back through decades of borrowing, spending on the 2004 Olympics, and loans that flowed from European banks with little scrutiny, while economists and activists argue that Greek citizens are being made to repay debt they never voted for and barely benefited from. The film's central comparison is Ecuador, where a government-appointed Debt Audit Commission examined the country's loans and declared portions of them illegitimate, canceling billions. Debtocracy asks whether Greece could do the same, auditing its own debt instead of accepting the bailout terms imposed by the EU and IMF, and treats that question as a live political option rather than a hypothetical.