Olafur Ragnar Grimsson, President of Iceland, has announced he will hold a press conference at 11.00 tomorrow morning. Four days have now passed since the President was presented with the Icesave Bill passed by parliament. Since that time, he has met with political leaders, as well as representatives of the InDefence Group who want him to reject the Bill and therefore send it to a national referendum. There is still no evidence to predict what the President intends to do.
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