Iceland anti bailout demonstrations


Protests continue to mount in Iceland against the government’s bank bailout at the expense of working people. On 13 August, 3,000 gathered outside the Icelandic parliament in Reykjavik, the largest since mass demonstrations toppled the former conservative-led government of Geir Haarde in January: here.

Recent events in Iceland may have completed that country’s transformation from a free-market, credit-fuelled billionaire’s playground to champion underdog: here.

Icelandic MPs called at the weekend for former prime minister Geir Haarde and three ministers to be tried for negligence over the country’s 2008 financial crisis: here.

1 thought on “Iceland anti bailout demonstrations

  1. McDonald’s pulls out of Iceland

    Iceland: McDonald’s bosses anounced on Monday that the US corporation is pulling out of Iceland, with its three restaurants set to close at midnight on October 31.

    “The unique operational complexity of doing business in Iceland combined with the very challenging economic climate in the country makes it financially prohibitive to continue the business,” McDonald’s Europe said.

    http://www.morningstaronline.co.uk/index.php/news/world/World-in-brief170

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