Wednesday, July 8, 2009

Civil war in Iceland ??

Bjorgulfur Gudmundsson and his son ,Bjorgulfur Thor Bjorgulfsson,have asked that half of their debts to Kaupthing Bank ,be written off and they do not have to pay half.
That would mean ,that they would not have to pay ,3 billion kronas.
Bjorgulfur Thor Bjorgulfsson is estimated to own now - 170 billion kronas.
In the meantime ,familys are offered ,getting their lones, on longer time period.
Representives of people and familys in debt in Iceland ,say ,that if they dont pay all their debt,then every promice from the goverment to the public,is void.
One ,represting Icelands stock holders,mr: Vilhjálmur Bjarnason, said ,that if they do not pay all
of their debts,that would mean a civil war in Iceland .

Since the banking crises started here in Iceland ,last october ,2008 - about 1000 Icelandic citizens have moved to Norway.

Photos : Top - Bjorgulfur Thor Bjorgulfsson
bottom : Vilhjalmur Bjarnarsson

1 comment:

  1. When peaceful revolution is impossible, violent revolution is inevitable.
    But I wish you all well, and hope it doesn't come to that.

    There are lots of Islanders in Canada. No ancestors from Island myself, but I have Scandinavian roots.

    Take care