Icelanders Don’t Trust Politicians or Bankers Skip to content

Icelanders Don’t Trust Politicians or Bankers

The public’s faith in politics and banks seems not to have been restored in Iceland since the 2008 economic collapse. In a new survey by MMR, 54.7 percent of respondents stated they had little faith in Alþingi, the Icelandic parliament, and 66.8 percent had little faith in the banking system.

Trust in most institutions has increased since last surveyed by MMR one year ago, except for the government and Alþingi. Now, 17.4 percent of respondents said they had great faith in the government compared to 23.0 percent in October 2013 and 12.8 percent have faith in Alþingi compared to 16.4 percent one year ago, reports.

At the other end of the scale, 79.5 percent of respondents stated that they had great faith in the police and 70.0 percent in the University of Iceland. The police have long topped the trust ranking.

However, the survey was conducted before it was reported that the police had released confidential information about the identity of protestors by mistake. The controversial story about the police acquiring submachine guns broke on the last day of the survey.

The survey was carried out October 16-21 and 959 people responded to the questions.

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