Sigrún Davíðsdóttir's Icelog

The latest re the capital controls in Iceland – an “abolition coordinator”

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According to Rúv, prime minister Sigmundur Davíð Gunnlaugsson (Progr.) will next week appoint someone to a new post to oversee work towards the abolition of the capital controls and be in charge of contacts with the creditors of the failed banks. The idea is to simplify the work regarding the capital controls and failed banks since this work concerns many ministries and institutions. This person will lead a group of experts who all will work towards abolition of the capital controls.

The really interesting thing is of course who this person is. Will this be a person who is undisputedly qualify to lead this work in a convincing and professional way and likely to succeed? Will it be a politician but professionally unconvincing? Someone with close ties to the Progressive Party and the prime minister? Or someone who has little pondus and is unlikely to achieve much?

We will have to wait until next week, unless the name leaks out, in which case I will update this post.

 

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Written by Sigrún Davídsdóttir

August 15th, 2013 at 8:41 pm

Posted in Iceland

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