Iceland Central Bank

My personal stand on Icesave

January 3, 2010

In the comments to the last post, someone who calls himself Gagnráðr asked me point-blank where I stand on the sticky topic of Icesave. A fair question. Like most Icelanders, I have, throughout the process of endless discussions and negotiations, been a] so sick of Icesave that I never want to hear the word mentioned [...]

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Doddsson’s quotation marks

December 9, 2009

In the last post I wrote about the statement issued by the press unions in Scandinavia, in which they express their grave concern about the state of the media here in Iceland. They make particular mention of the fact that Davíð Oddsson was recently hired as editor-in-chief of Iceland’s oldest and most established newspaper, Morgunblaðið. [...]

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Russia is our new best friend, redux

July 19, 2009

One piece of news that went largely unnoticed in all the hoopla surrounding the EU accession talks last week was the one about Russia having approved a USD 500 million loan to Iceland. As some of you may recall, talk of a Russian loan first surfaced last year, just as our financial system was beginning [...]

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We, the brainwashed rabble of this land

February 25, 2009

A somewhat emaciated Central Bank director Davíd Oddsson showed up in Kastljós last night and proceeded to lash out against the rabble who keep trying to oust him from his position at the Central Bank. It was basically a 45-minute rant with the same old tobacco: he was “the only one” who tried to warn [...]

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A second Central Bank director resigns

February 11, 2009

… but he plans to stay on until June 1. WTF?? If this is Eiríkur Guðnason’s attempt at diplomacy, walking the tightrope between placating the nation [he'll resign] and slavish devotion to Davíd Oddsson [but he won't leave], it’s rather misguided. Seriously, the farce around these clowns gets more ridiculous by the day. Our PM [...]

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