2008 crisis
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Banks Did Not Fall In 2008, They Were Pushed, Says Professor
Professor Hannes Hólmsteinn Gissurarson claims that the reason all three major Icelandic banks, Glitnir, Landsbanki and Kaupþing, collapsed in October 2008, was the hostility of other nations towards Iceland, notably that of the UK and the US. Hannes Hólmsteinn introduced these conclusions…
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UN Expert Suggests Debt Relief For Renters
Correction: This story’s headline was corrected after its publication. See note at the end of this post for further information. On Monday, UN Independent Expert Juan Pablo Bohoslavksy ended his week-long fact-finding mission to Iceland on the effects of the 2008 economic…
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PM To Reveal House-Owners’ Debt Relief Today — At 13h30
Later today, Prime Minister Sigmundur Davíð Gunnlaugsson is expected to announce the precise implementation of his government’s dept relief plan for households in possession of real estate. The highly disputed plans were the Progressive party’s biggest promise in the advent of last…