David Oddsson, Iceland’s former Prime Minister and central bank manager and current joint editor of Morgunbladid newspaper, will be overseas when the Althingi report into the banking crisis is released on Monday. Read the full story
Posted on 09 April 2010.
David Oddsson, Iceland’s former Prime Minister and central bank manager and current joint editor of Morgunbladid newspaper, will be overseas when the Althingi report into the banking crisis is released on Monday. Read the full story
Posted in General, Iceland, MBL, TravelComments (19)
Posted on 25 February 2010.
Icelandic property owners who tried to avoid the effects of the banking crash by signing their assets over to family members will not get away with it if a new parliamentary bill comes into effect. Read the full story
Posted in Business, General, Iceland, MBL, PoliticsComments (5)
Posted on 26 January 2010.
Pall Hreinsson, chairman of the parliamentary investigation committee set up to investigate Iceland’s banking crisis, says he and his colleagues are very frustrated that their anticipated report has had to be delayed for a second time. Read the full story
Posted in Business, Iceland, International, MBL, PoliticsComments (6)
Posted on 05 January 2010.
A very disappointed Prime Minister Johanna Sigurdardottir chose to concentrate on the positive things her government has done since its election and said it is the government’s intention to continue working hard today, despite the President’s decision to send the Icesave Agreement to a public referendum. Read the full story
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Posted on 30 December 2009.
33 MPs voted yes to the Icesave Bill, 30 said no. The voting lasted over three hours and was at times fierce and personal. It is now up to the Icelandic president to sign these bills, and with that make them law. The president, Mr. Olafur Ragnar Grimsson is under pressure from over 35,000 Icelandic voters who have signed a petition asking him not to sign the controversial laws. Read the full story
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Posted on 30 December 2009.
The Icelandic parliament’s debate which was scheduled to start at 10.30 today has suffered repeated delays. Read the full story
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Posted on 29 December 2009.
The third and final Icesave debate in Iceland’s Althingi parliament was adjourned late last night with 20 MPs still waiting to speak. Party leaders agreed with the President of Althingi that MPs will vote on the issue at some point today. It could take a long time, however; as one member of each party has the right to speak for 15 minutes and then MPs will begin the process of voting on each article of the bill individually.
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Posted on 28 December 2009.
The Icesave bill began its third and final debate in Iceland’s Althingi parliament today but it is not yet clear when a final vote will be cast; as there are still many MPs on waiting on the list to speak. Read the full story
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Posted on 23 December 2009.
The bill on Icelandic state responsibility for Icesave was passed by the country’s parliamentary finance committee yesterday. Read the full story
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Posted on 12 December 2009.
Iceland’s National Audit Office sent out a statement yesterday saying that questions surrounding the Central Bank of Iceland’s lending to financial institutions last year remain unanswered and should be directed to the Althingi Parliamentary Investigation Committee. Read the full story
Posted in Business, Iceland, MBL, PoliticsComments (22)
