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    Posted March 7, 2010 by
    Location
    reykjavik, Iceland

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    Iceland says "NO" in a national referendum yesterday

     

    CNN PRODUCER NOTE     ander has been iReporting on Iceland's ongoing financial situation for quite some time now, and he's documenting how the people feel in Reykjavik. CNN reported that Iceland's voters overwhelmingly rejected a deal to pay billions of dollars owed to the United Kingdom and the Netherlands, according to the Foreign Ministry. ander asks: "So why should the public pay for bankers mistakes? That is what people are saying."
    - nsaidi, CNN iReport producer

    According to numbers ,1.5 % percent have said yes to the agreement to pay the Icesave, but 93,6 say not to that.
    But this does not change anything .
    The Prime minister and finannce minister say that there is a new deal on the table.
    Icelands President says ,that a Referendum ,make the democracy stronger .
    The outcome of the referendum does not have any affect on the goverment in Iceland.

     

    here you can see my video from the protest yesterday

     

    http://www.ireport.com/docs/DOC-416920

     

    Yesterday  Iceland was holding a referendum on weather to pay the British and Dutch 5.2 billion dollars.
    This is money that was lost after the Icesave bank collapsed in the banking crisis.
    But Iceland prime minister is telling people not to vote,and she is not going to vote ,saying that better payment termes are being talked about ,between Iceland ,Britain and the Dutch.
    It is known that the vote will probably go " no" on the law that was agreed on in the parliement last 31st december 2009.
    But the ICelands president did not sign it,so according to the Ielandic constitution,then the law must be voted on by the people of ICeland.
    It does not matter how the vote will go, because the new deal will just come into play.
    The public is angry,why should the public pay ,for Bankers mistakes.

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