President in Iceland not yet signed Icesave

It is not know yet ,if the President of Iceland intends to confirm the law on Icesave, Landsbanki accounts.
The president has now taken over the three days to make the decision, on Icesave but parliament approved the government bill on Wednesday.
The Icesave Goverment guarantee law, is no effective law, but if the President does not sign them , then there has to be a national election on the law.