So today, not only did i wake to what one could mistake for Icelandic weather conditions but also to the news that Iceland's president has refused to sign a bill to repay $5bn to the UK and the Netherlands.
President Olafur Ragnar Grimsson has instead opted to hold a referendum on the bill, following public large protests and outcry. On 2nd January, the president even received a petition calling for the bill to be vetoed, signed by almost a quarter of the country's population such is the disapproval from the public.
President Grimsson says the referendum will happen ASAP, now i admire the fact he is listening to the public and giving them the chance to have their say for their country, however, we are all suffering in these economic conditions and that money is owed to the UK and can't simply be written off because of a vote.
It will be interesting to see what Gordon Brown has to say about this.......
P.S Happy New Year fellow bloggers and Winchester Students!!
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