Olafur Ragnar Grimsson, the President of Iceland, has still not announced whether he intends to sign the Icesave Bill into law or not. It is taking an unnecessarily long time, according to Social Democrat MP Sigridur Ingibjorg Ingadottir.
Birgir Armansson, an MP for the Independence Party, disagrees; saying it is understandable as the issue is an important one and there is clearly a gulf of opinion between parliament and the nation at large, RUV reports.
President Olafur Ragnar Grimsson was handed the bill to sign on New Year’s Eve and most bills are signed into law straight away. Finance Minister Steingrimur J. Sigfusson predicted yesterday lunch time that he thought the President would make his decision before the end of yesterday. This proved not to be the case.