Landsbankinn

Landsbankinn
Originally uploaded by screenpunk

Icelands financial crisis started a year ago with the downfall of Landsbankinns daughter Icesave that marketed as a high interest bank in Holland and the UK.

The Icelandic government tries to agree on a payback with the Netherlands and the United Kingdom concerning an amount of 3.5 billion euros (5 billion US dollars).

Iceland got around 350 thousand inhabitants, which means that every head is burdened with about 10.000 euro's. As you can imagine the Icelanders are not pleased with that.

Tourguide Indriði put it like this. We have to pay for a bank that we have never heard off. We have to pay for money that was never in Iceland. If our government agrees to that, i am going to move abroad.

More:
Iceland : Will the government collapse over the Icesave agreement?
One year on: The rage of Middle Iceland

Flickr Groups:
Nýir Tímar Protest Against The Government of Iceland
Íslenska kreppan / Icelandic economic crises