Protest at Central Bank of Iceland, One Arrested Skip to content

Protest at Central Bank of Iceland, One Arrested

One person, who refused to comply with the police’s orders, was arrested during a demonstration outside the Central Bank of Iceland which began at noon today.

The Central Bank of Iceland. Copyright: Icelandic Photo Agency.

The demonstration was peaceful at first but then a struggle broke out and police had to subdue and arrest the person in question.

A journalist from who was at the scene said approximately one hundred people were banging drums, pots and pans outside the bank while around ten police officers safeguarded the bank’s main entrance.

Earlier a motorcyclist drove his motorcycle repeatedly into the bank’s door. The motorcycle seemed to be undamaged and the protestor calmly drove away.

Neither Central Bank governor Már Gudmundsson nor other employees of the bank have appeared before the crowd.

The protestors are objecting the Central Bank’s and Financial Supervisory Authority’s proposal on a fixed interest rate on the indexed foreign currency loans that were recently deemed illegal by the Supreme Court.

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