Iceland's Loud No
Can't Pay Back, Won't Pay Back

Wade, Robert H.; Sigurgeirsdottir, Silla

Publisher:  Le Monde diplomatique
Date Written:  01/08/2011
Year Published:  2011  
Resource Type:  Article
Cx Number:  CX16046

The people of Iceland have now twice voted not to repay international debts incurred by banks, and bankers, for which the whole island is being held responsible. With the present turmoil in European capitals, could this be the way forward for other economies?