President of Iceland: Brown Should Apologize Skip to content

President of Iceland: Brown Should Apologize

President of Iceland Ólafur Ragnar Grímsson said in an interview with The Wall Street Journal that former UK Prime Minister Gordon Brown should apologize to Icelanders for having declared the country to be bankrupt.


President of Iceland Ólafur Ragnar Grímsson. Copyright: Icelandic Photo Agency.

“If Gordon Brown wants to be an honorable man, he should apologize for telling the world that Iceland is a bankrupt country,” the president stated.

The interview covers the economic storm that hit Iceland two years ago and its consequences, especially Grímsson’s decision not to sign the Icesave legislation in January 2010.

The president declared it the most important decision in his career and said it had turned out to be the right decision.

“In the end it [the referendum] turned out to be a very good decision for our democracy, for the country, for our economic position and for our relationship with Great Britain, the Netherlands and the world,” he said.

Click here to read the entire article in The Wall Street Journal and here to read more about Icesave.

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