Icesave Headed for Standstill in Iceland Skip to content

Icesave Headed for Standstill in Iceland

The leaders of Iceland’s political parties met in the cabinet yesterday to discuss a cross-political reconciliation on Icesave. The meeting was long and fruitless; it remains unclear whether renegotiations with British and Dutch authorities will take place.

When asked what had been discussed during the meeting, Bjarni Benediktsson, chairman of the Independence Party, the largest opposition party, told Morgunbladid, “Not much. But it is also news that we are not getting many answers.”

Sigmundur Davíd Gunnlaugsson, chairman of the second largest opposition party, the Progressive Party, agreed. “[The government] won’t even tell us who they are talking with and what has been discussed.”

Both chairmen are hoping for renegotiations before the planned Icesave referendum takes place.

“If nothing happens in the next two weeks or so I think it’s impossible to reach a new position before that time and then we should just continue with the referendum,” Benediktsson said.

The cabinet ministers would not be interviewed last night.

Click here to read more about Icesave.

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