Icelands Prime Minister apologizes to the Icelandic people

Johanna Sigurdardottir ,Icelands Prime Minister said in Parliament today, that it was the duty of the Prime Minister, to apologize to the Icelandic people , on behalf of state and public administration at the neglect and complacency which led to the banking crash last year.
" The banks failed,the administration failed,the media failed and the free market system failed " She said at the Parliement.

She also said : The main emphasis of the government are two: First, to get Iceland out of the crisis as soon as possible on the basis of the Nordic welfare values, and secondly to prevent the collapse of this kind again.