Results of Referendum Vote Show Icelanders Are Not Happy With Repayment Option

Mon, Mar 8 2010 by Staff

Let’s go halfway across the pond to Iceland for a little bit of international intitiative & referendum news.

Citizens of Iceland voted this past weekend on a repayment plan to pay back patrons of an Icelandic bank that failed. With the results almost completely tallied I think it’s safe to say that they did not like the repayment plan. It’s back to the drawing board for the government of Iceland on how to repay the debt.