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The public in Iceland is now organizing a group effort to stop paying their loans to the Banks in Iceland.
About 20.000 thousand individuals have signed up to a group - that is called - Hagsmunasamtok heimilanna ( homes interest group ) -
People are angry at the banks .
Many have stopped paying of their loans,and many more are going to stop paying.
One member called this a financial civil war !
.. and the left reformist govt won't be able to fix the situation
Protesting in front of the central bank building in Reykjavik
Demonstrations continue in Iceland..
Iceland has appointed Johanna Sigurdardottir as its first female and openly gay prime minister, at the head a new centre-left government.
Two left-wing parties in Iceland have agreed to form an interim coalition to replace the country's recently resigned government, the leader of one of the parties has said.
By Patrick Lannin REYKJAVIK (Reuters) - Efforts to form a new Icelandic government hit a last-minute hitch on Friday, but a party involved in the talks said a new cabinet to steer the country out of financial crisis would be unveiled on...
Demonstration against NATO in Iceland
Spreading the love in Iceland...
Haarde shocked the island nation on Friday when he said he would not seek re-election and called for a vote on May 9. Opinion polls predict a sharp shift to the left at elections.
Iceland's embattled Prime Minister Geir Haarde may have become the first political casualty of the global credit crisis, announcing his resignation yesterday, and clearing the way for elections in May. Illness was the official reason for Mr Haarde's decis
Photographs and video clips taken during protests in Reykjavik Iceland at 21. January 2009.
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