Immoral behaviour in Iceland

by dorisig007 | March 18, 2009 at 01:08 pm
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Police and protesters fight in Reykjavik - protest-Video-01

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Police and protesters fight in Reykjavik - protest-Video-01

The Unions had postponed the pay increase,that was agreed in the last pay negotiations.
For people at the fish factory HB Grandi,the increase ,that they postponed,was around 13.000 krona.
But the company owners decided ,few days ago,to pay the owners 8% raise on their stocks.
That was around 165 million kronas
the Unions are now angry,and calling it a immoral act,as the situation is in the financial system in Iceland.
Looks like the owners are not following what is happening .

Because of the flow of foreign money out of the country,to tax havens ( Cayman ,Luxemburg, and so on ) ,they probably must raise taxes on companys and the people.
And they say ,that there are only about a few dozen men,that have taken this money .
Still nobody seems to be responsable ,and bank secrecy still in effect,so they cant investigate .

Here are videos from January

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sara star

Any further news on the elections or who is running the government. Seems like everyone is left to fend for themselves, even employees of the large fishing company HB Grandi. Hopefully the Unions will be able to help.


The 2009 Icelandic financial crisis protests occurred and are occurring in the wake of the Icelandic financial crisis. There had been sporadic protests since October 2008 against the Icelandic government's handling of the financial crisis. The protests intensified on 20 January 2009 with thousands of people showing up to protest at the parliament  in Reykjavik.

Protesters were calling for the resignation of government officials, and for new elections to be held The protests have now stopped for the most part with the resignation of the Þingvellir-government. A new government is being formed and there will be elections this coming spring.

.....Despite the announcement on 23 January 2009 of early Parliamentary elections (to be held on 9 May 2009) and the announcement of Prime Minister Geir Haarde that he was withdrawing from politics due to esophageal cancer and would not be a candidate in those elections, protesters continued to fill the streets, calling for a new political scene and for immediate elections; Haarde announced on 26 January 2009 that he would hand in his resignation as PM shortly, after talks with the Social Democratic Alliance on keeping the government intact had failed earlier the same day.

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sara star
First Flagged at 1:31 PM, Mar 18, 2009 by sara star
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