Global Information Lookup Global Information

2009 Icelandic financial crisis protests information


Some of the 6000 protesters in front of the Alþingishús, seat of the Icelandic parliament, on 15 November 2008

The 2009–2011 Icelandic financial crisis protests, also referred to as the Kitchenware, Kitchen Implement or Pots and Pans Revolution[1][2] (Icelandic: Búsáhaldabyltingin), occurred in the wake of the Icelandic financial crisis. There had been regular and growing 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 protesting at the parliament (Althing) in Reykjavík.[3][4][5] These were at the time the largest protests in Icelandic history.[6]

Protesters were calling for the resignation of government officials and for new elections to be held.[7] The protests stopped for the most part with the resignation of the old government led by the right-wing Independence Party.[8] A new left-wing government was formed after elections in late April 2009. It was supportive of the protestors and initiated a reform process that included the judicial prosecution before the Landsdómur of former Prime Minister Geir Haarde.

Several referendums were held to ask the citizens about whether to pay the Icesave debt of their banks. From a complex and unique process, 25 common people, of no political party, were to be elected to form an Icelandic Constitutional Assembly that would write a new Constitution of Iceland. After some legal problems, a Constitutional Council, which included those people, presented a Constitution Draft to the Iceland Parliament on 29 July 2011.[9]

  1. ^ Leigh Phillips (27 April 2009). "Iceland Turns Left and Edges Toward EU". Bloomberg Business Week. Archived from the original on 23 July 2013. Retrieved 20 October 2011.
  2. ^ Magnússon, Sigurdur: Wasteland With Words, 2010. Reaktion Books, London. p. 265.
  3. ^ Gunnarsson, Valur (21 January 2009). "Icelandic lawmakers return to work amid protests". Associated Press. Archived from the original on 31 January 2009. Retrieved 22 January 2009.
  4. ^ "Iceland protesters demand government step down". Reuters. 20 January 2009. Archived from the original on 3 February 2009. Retrieved 22 January 2009.
  5. ^ Gunnarsson, Valur; Lawless, Jill (22 January 2009). "Icelandic police tear gas protesters". Associated Press. Archived from the original on 31 January 2009. Retrieved 22 January 2009.
  6. ^ Önnudóttir, Eva H. (19 December 2016). "The "Pots and Pans" protests and requirements for responsiveness of the authorities". Icelandic Review of Politics & Administration. 12 (2): 195–214. doi:10.13177/irpa.a.2016.12.2.1 (inactive 18 April 2024). hdl:20.500.11815/230. ISSN 1670-679X.{{cite journal}}: CS1 maint: DOI inactive as of April 2024 (link)
  7. ^ "Opposition attempts to call Iceland elections, bypassing PM". icenews.is. 22 January 2009. Archived from the original on 24 January 2009. Retrieved 22 January 2009.
  8. ^ Nyberg, Per (26 January 2009). "Icelandic government falls; asked to stay on". CNN. Archived from the original on 29 January 2009. Retrieved 31 January 2009.
  9. ^ "Stjórnlagaráð 2011 – English". Stjornlagarad.is. 29 July 2011. Retrieved 18 October 2011.

and 16 Related for: 2009 Icelandic financial crisis protests information

Request time (Page generated in 1.1516 seconds.)

2009 Icelandic financial crisis protests

Last Update:

The 2009–2011 Icelandic financial crisis protests, also referred to as the Kitchenware, Kitchen Implement or Pots and Pans Revolution (Icelandic: Búsáhaldabyltingin)...

Word Count : 3746

Haukur Hilmarsson

Last Update:

to prominence during the 2009 Icelandic financial crisis protests after climbing to the roof of the house of the Icelandic parliament, Alþingishúsið...

Word Count : 488

List of protests in the 21st century

Last Update:

Internet tax protests 2018 protests in Hungary Iceland 2009 Icelandic financial crisis protests 2016 Icelandic anti-government protests India Amarnath...

Word Count : 3330

Great Recession

Last Update:

debt crisis. Iceland fell into an economic depression in 2008 following the collapse of its banking system (see 2008–2011 Icelandic financial crisis). By...

Word Count : 13386

Iceland

Last Update:

Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge...

Word Count : 20881

Subprime mortgage crisis

Last Update:

crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. The crisis...

Word Count : 34106

Causes of the Great Recession

Last Update:

The immediate or proximate cause of the crisis in 2008 was the failure or risk of failure at major financial institutions globally, starting with the...

Word Count : 15349

Economy of Iceland

Last Update:

based on purchasing power parity (PPP) estimates. The 2008–2011 Icelandic financial crisis produced a decline in GDP and employment that has since been reversed...

Word Count : 3904

2008 Latvian financial crisis

Last Update:

Latvian financial crisis, which stemmed from the global financial crisis of 2008–2009, was a major economic and political crisis in Latvia. The crisis was...

Word Count : 737

2009 Icelandic parliamentary election

Last Update:

elections were held in Iceland on 25 April 2009, following strong pressure from the public as a result of the Icelandic financial crisis. The Social Democratic...

Word Count : 3040

21st century

Last Update:

Mongolia 2009 Icelandic financial crisis protests 2009 G-20 London summit protests April 2009 Moldovan parliamentary election protests 2009–2010 Iranian...

Word Count : 26754

History of Iceland

Last Update:

financial growth, the 2008–2011 Icelandic financial crisis occurred. Iceland continues to remain outside the European Union. Iceland is very remote, and so has...

Word Count : 8368

Politics of Iceland

Last Update:

left-wing government. After the 2008 financial crisis, there has been an increasing fractionalization of the Icelandic party system. The increase in the...

Word Count : 1686

1997 Asian financial crisis

Last Update:

1997 Asian financial crisis The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late...

Word Count : 10429

Global financial crisis in October 2008

Last Update:

On October 7, the Icelandic Financial Supervisory Authority took control of Landsbanki. On the same day, the Central Bank of Iceland announced that Russia...

Word Count : 7241

Lebanese liquidity crisis

Last Update:

The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated...

Word Count : 3612

PDF Search Engine © AllGlobal.net