Prime Minister of Iceland’s Article Published in FT Online Skip to content

Prime Minister of Iceland’s Article Published in FT Online

“Icelanders are angry but will make sacrifices,” is the headline of an article written by Prime Minister of Iceland Jóhanna Sigurdardóttir, which was published on the website of The Financial Times yesterday.

Prime Minister of Iceland Jóhanna Sigurdardóttir. Photo by Geir Ólafsson.

In her article, the PM explains that even though Icelanders are angry because they have been burdened with Landsbanki’s Icesave debts, they are prepared to make sacrifices to secure natural relations and trade with the outside world, Morgunbladid reports.

“Few governments of developed market economies are grappling with as many simultaneous challenges as Iceland,” the PM writes.

Sigurdardóttir says she hopes that the people of the UK and the Netherlands realize what severe effects the actions of their governments can have on small nations like Iceland, especially when it’s already facing so many difficulties.

The PM criticizes the British government’s use of the anti-terrorism legislation to freeze Icelandic assets in the UK and states that:

“In its efforts to conclude negotiations over compensation for foreign savers in failed banks, Iceland has been accused of a tendency to imagine a British or Dutch conspiracy behind any bad news,” assuring readers that, “Iceland has no such tendency.”

The PM points out that The Financial Times’s coverage of the alleged pressure British and Dutch authorities put on the International Monetary Fund (IMF) had made it more difficult for the Icelandic government to convince the Althingi parliament that an agreement on Icesave is unavoidable.

Click here to read more about Icesave and here to read about another recent article on Iceland in The Financial Times.

Click here to read the PM’s article in full.

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