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Friday, August 28, 2009

Icesave account approved by the Goverment of Iceland

The Icelandic Althingi passed legislation authorising a state guarantee,to pay up the the Icesave account in England and Holland.
There are preconditions and criteria, so Iceland can get its financial stability in order.
The vote whent as follows : yes --- 34
no ----14
did not cast vote -- 14

Strange that the ones that did not vote - for or against,where mostly members of the Independence party.
They where in control when the banking system collapsed last year.

Now it is up to the goverments of Britain and Holland ,will they accept this state guarantee,with the preconditions.

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