Icelandic President Olafur Ragnar Grimsson’s decision to take his time in deciding whether or not to pass the Icesave Bill into law is being followed internationally.
The issue was reported on by The Telegraph, among others.
President Grimsson has decided not to rubber stamp the law immediately, and is instead going to consider the issue carefully. The Telegraph points out that an Icelandic president has only once before vetoed a bill passed by parliament. Olafur Ragnar Grimsson was that president.