Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-07-Speech-4-166-000"
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"en.20110407.18.4-166-000"2
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"Madam President, I abstained on the 2010 report on Iceland. As a result of the financial and economic crisis, Iceland went from being the fifth richest country in the world to being a country racked by crisis, with the collapse of its banking system, where 40% of households could not pay their bills and pensioners lost their life’s savings.
Last year, 93% of the Icelandic population, in a referendum, rejected the notion of paying more than EUR 3.5 billion to the governments of Britain and the Netherlands. Despite some modifications, they are faced with essentially the same deal in the vote to be held on 9 April. They should not be bullied into accepting this deal; the deal should be rejected. It is not the responsibility of the Icelandic people to pay for the crisis. Workers, pensioners and poor people have not created this crisis and must not pay for it; not in Iceland, not in Greece, not in Portugal, not in Spain, not in Ireland nor elsewhere. Those international speculators who profited massively from the deregulation of the financial markets must pay."@en1
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