Referendum on Icesave in Iceland Still on Schedule Skip to content

Referendum on Icesave in Iceland Still on Schedule

Prime Minister Jóhanna Sigurdardóttir announced yesterday that as long as the investigation committee of the Icelandic parliament, Althingi, completes its report on the banking collapse one week before March 6, when the referendum on the Icesave legislation is scheduled, the referendum doesn’t have to be postponed.

Prime Minister Jóhanna Sigurdardóttir. Photo by Geir Ólafsson.

“We discussed whether it wouldn’t be right to review the situation after ten to 15 days to see whether those who are working on the report can give more detailed answers on when it can be published,” Sigurdardóttir told RÚV.

Now the government leaders are going to wait and see how the work on the report progresses before deciding whether to postpone the referendum. If the work cannot be concluded one week before the referendum, the matter must be reassessed.

Overseas voting begins today.

There is no news about possible renegotiations on the Icesave agreement with British and Dutch authorities. They have emphasized that a cross-political unity must be reached in Iceland first, Fréttabladid reports.

Discussions between the leaders of all political parties in Iceland are ongoing but there is no news from that front either. However, according to the newspaper’s sources, the Icelandic government is growing more optimistic that renegotiations can take place.

Click here to read more about the delayed report and here to read more about Icesave.

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