Iceland's President Ólafur Ragnar Grímsson on Tuesday refused to put his signature to a bill that has sparked a controversy among the Icelandic public. If the bill became law, around 3.5 billion euros in compensation would be paid for foreign savers who lost money when Icelandic banks collapsed. Now the people of Iceland are to decide the fate of the bill in a referendum, and this in turn has triggered a controversy in the foreign press.
With articles from the following publications: Politiken - Denmark, The Guardian - United Kingdom, Fréttablaðið - Iceland, NRC Handelsblad - Netherlands
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