Words by

Ingibjörg Rósa Björnsdóttir

President Ólafur Ragnar Grímsson announced Tuesday afternoon that he will sign the new fishing fees bill.

He said at a press meeting in Bessastaðir that the matter of taxation on Iceland’s fishing resources was not of such nature that it would suit a referendum.

Also, he added, the matter would be reassessed next year.

His decision therefore was not affected by the fact that over 35 thousand people urged him to reject the bill – which revokes laws set by the former government regarding a significant increase in fishing fees.

President Has Not Yet Received Fishing Fees Bill

Majority Opposes Lower Fishing Fees