I n its June 2015 preliminary report the Debt Truth Committee pointed out that the majority of debt instruments entered into by Greece between 2010-2014 had encompassed a large degree of coercion. Indeed, it was demonstrated that where a State is coerced into violating its constitutional, treaty and customary obligations in order to secure credit and liquidity, especially where it is forced to forego a significant part of its legislative and socio-economic sovereignty, such a state is deemed as having consented under a high degree of coercion. It was explained in the preliminary report (see p. 59-60) that the term “coercion” under Article 52 of the Vienna Convention on the Law of Treaties (VCLT) may be construed as including also forms of economic coercion and is not necessarily be limited to armed force. The report provides ample references to several instruments whereby economic pressure is viewed as a form of aggression. Moreover, it was explained in the preliminary report that the aforementioned type of economic coercion also qualifies as unlawful intervention in the domestic affairs of a state, which, although does not invalidate consent, may nonetheless offer a legal basis for denouncing a treaty under Article 56(1) VCLT. Principle 4 of the 2015 UN General Assembly resolution outlining several customary principles on sovereign debt restructuring, which is discussed below, requires that all actors involved refrain from exercising any undue influence in the process. It is clear that no part of the negotiations was concluded in good faith and that undue influence was exercised from the outset against the Greek government and the Greek economy as a whole. Undue influence was also exercised against the Greek people in the run up to the January 2015 elections and up until the referendum.1 It should be stated that the rejection by the Greek government and its creditors of the overwhelming referendum result constitutes undue influence in the people’s constitutional prerogative to choose their financial future and is itself illegitimate and contrary to the rule of law (principle 7).