“The Banks Should Apologize” Skip to content

“The Banks Should Apologize”

The final session of Iceland’s parliament, Althingi, before summer vacation was held yesterday. The session, known as the “eldhúsdagur” session (the kitchen day session), has a long tradition of being very lively, and yesterday was no exception.

The chairman of the Progressive Party, Gudni Ágústsson, was not satisfied with the government at all.

“The banks should apologize to the people and work with the government to improve the nation’s economy” Morgunbladid quotes Ágústsson.

“These economic setbacks are part of an international trend but also a domestic one. The freedom and the privatization made it possible for young men to go wild with cheap foreign capital but now it’s payday” Ágústsson said at Althingi.

“The Independence Party’s policy of a free market is outdated and so is the Independence Party. The Social Democrats have betrayed the common people, the seaman, the working woman and the farmer. The Social Democrats are, and have always been, the party of the educated elite,” Ágústsson claims

He ended his speech by this remark about the government: “If this government were boardmembers of any company, they would have been fired long ago. This is the government of sleeping powers.”

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