Sigrún Davíðsdóttir's Icelog

The president sends Icesave to a referendum

make a comment

After the Althingi passed the bill on Icesave, giving the necessary guarantee to back the third agreement, the president of Iceland had to sign the bill in order to pass it into law. He has now decided to send the new agreement to a referendum.

At a press conference today, president Olafur Ragnar Grimsson made his decision known. On Friday, he was given a petition, signed by over 40.000 people, asking him to send the Icesave agreement to a referendum, yet again. Last year, the petition was signed by 56.000 people. However, with the Althingi firmly behind the Icesave bill this time, Grimsson is sending the agreement to a referendum, claiming that because the same members of Althingi this should be dealt with by the nation.

Follow me on Twitter for running updates.

Written by Sigrún Davídsdóttir

February 20th, 2011 at 3:08 pm

Posted in Iceland

Leave a Reply