Tag Iceland

Left-Green coalition wins Iceland election

Ms Sigurdardottir [the new PM] told supporters the nation was “settling the score with the neoliberalism” and with the conservative Independence Party who “have been in power for much too long”. “The people are calling for a change of ethics.…

Iceland. How to blow up a country.

Michael Lewis on the collapse of Iceland Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted…

Iceland’s government collapses

This comes as no surprise. Their economy is in tatters and protests have been increasing both in numbers and intensity. At a rally Monday outside Parliament, protester Svginn Rumar Hauksson said demonstrations won’t end yet. “The protests will continue until…