"The IMF, the previous left-wing government and the present right-wing government have, so far, not had the courage to solve the overhang problem in line with the EU’s ruling. Meanwhile, the overhang keeps on swelling and if it bursts then Iceland will become a showcase of how speculators and vulture funds managed to shift a large part of their own burden onto wage earners, tax payers and indebted households. If this happens, Iceland will once again make the news – this time not for volcanic eruptions but for riots and severe social unrest."
Lilja Mósesdóttir, tidigare alltingsledamot för Gröna vänstern, i Social Europe om hur de kollapsade storbankernas konkursbon borde hanteras.
