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One year since banking collapse, Iceland’s crisis deepens

By Jordan Shilton, October 12, 2009

Over the course of several days last October, Iceland’s banking system collapsed.

Iceland: Bank bailout and corruption scandals fuel protests

By Jordan Shilton, August 24, 2009

Protests continue to mount in Iceland against the government’s bank bailout at the expense of working people. On 13 August, 3,000 gathered outside the Icelandic parliament in Reykjavik, the largest ...

Iceland’s parliament votes to apply for European Union membership

By Jordan Shilton, July 25, 2009

On July 16, Iceland’s parliament (Althingi) voted by 33 votes to 28 to apply for membership of the European Union.

Iceland: Government and trade unions impose IMF austerity measures

By Jordan Shilton, July 14, 2009

On June 26, a comprehensive agreement was announced between Iceland’s government, trade unions and employers’ organisations containing plans for sharp public spending cuts and tax hikes.

Iceland: Social democrats and Left Greens finalise coalition agreement

By Jordan Shilton, May 23, 2009

The new Icelandic government takes office committed to continuing the IMF measures which put the burden of the country’s banking crisis on to the working class.

Iceland: Social Democratic-led coalition secures victory in early elections

By Jordan Shilton, April 29, 2009

The ruling coalition of the Social Democrats (SDA) and Left Green Movement secured a parliamentary majority in Iceland’s elections.

Iceland: Social democrats and Left Greens pledge to continue coalition after elections

By Jordan Shilton, April 18, 2009

As Iceland prepares for early elections scheduled for April 25, the Social Democratic Alliance (SDA) looks set to emerge as the largest party.

Iceland: Government bank takeover increases threat of state bankruptcy

By Jordan Shilton, March 16, 2009

Iceland’s financial supervisory authority has been forced to assume control of Straumur, the island’s fourth-largest financial institution.

Iceland: New government pledges continuation of IMF austerity programme

By Jordan Shilton, February 11, 2009

Iceland’s new coalition government between the Social Democratic Alliance and the Left-Green Party presages significant cuts in social spending.

Social democrats to lead new Icelandic government

By Jordan Shilton, January 31, 2009

Iceland’s Social Democratic Alliance is to lead the country’s new government in coalition with the Left Green Party.

Protests over economic crisis topple Icelandic government

By Barry Grey, January 28, 2009

The collapse of the right-wing Haarde government in Iceland is the sharpest expression to date of the growing social and political turmoil across Europe arising from the economic crisis.

Iceland: Angry protests over economy force early elections

By Jordan Shilton, January 24, 2009

Special forces had to rescue Iceland’s Prime Minister Geir H. Haarde in the early hours of Thursday morning, as ongoing protests over the country’s economic crisis erupted into angry clashes outsi...