Icelanders need to establish unity on the issue of future measures to address the current financial situation. The social partners have suggested to the government extensive collaboration on measures to respond to the financial crisis. The Chairman of the Board of Directors of the Confederation of Icelandic Employers (SA), Thor Sigfusson, emphasised the importance of reaching agreements with Iceland’s neighbouring countries on the arrangement of the deposit insurance schemes at the Icelandic banks. Sigfusson also said the goal should be that the current creditors of the Icelandic banks become shareholders in the new state banks.
This materialised at an open meeting held by the Confederation of Icelandic Employers on the situation in the Icelandic economy and its future prospects. Sigfusson stated the importance of ensuring IMF assistance for Iceland. He said, however, that if this does not happen, the authorities should immediately consider the unilateral adoption of another currency, euro or even USD, in collaboration with Iceland’s neighbouring countries.
Sigfusson furthermore pointed out how the government of Iceland needs to put much more effort into interest assessment in connection with a possible EU membership of Iceland, and to formulate a united stance with opposition parties and to prepare Iceland’s membership in the European Monetary Union. Such discussions should be launched without delay with a view to quick action.
Now that Iceland has secured funds and can move forward it is about time she got together with the UK and the IOM and sorted out KSF IoM , Iceland must realise , along with the UK and the IoM that the thousands of depositors that face ruin and a daily dose of stress and worry are not millionaires but hard working thrifty ordinary people who can’t just shrug and make more money to replace it . Come on ,get together and sort this mess out, real people are suffering .
What can the Icelanders do when the Brits are off for tea every hour, the French are on a 4 day week, the Germans on a 35 hour week?
The Iceland PM has to drive his taxi on the night shift :)
They ALL stated that those kind of measures should be administered quickly and yet again everything is taking ages….
A Russian loan that never went through, an IMF help that took weeks.
And there is a come in saying that Icelanders works a lot…
COME ON, MOVE…