Currency restrictions lifted within two years

Photo: Heiðar Kristjáns­son

A maj­o­rity of Icelandic MPs predict that ex­ist­ing cur­rency restricti­ons in Ice­land will be lifted before the end of this Parlia­ment in two ye­ars’ time, accord­ing to an op­ini­on poll conducted among Icelandic MPs by Bloom­berg.

Accord­ing to the poll, all but three of the MPs from the two parties form­ing a parlia­ment­ary maj­o­rity predict that cur­rency restricti­ons in Ice­land will be lifted by 2017. Mini­sters were not inclu­ded in the sur­vey.

Ragn­heiður Rík­h­arðsdótt­ir, MP for the centre-right In­dependence Party (‘Sjálf­stæðæis­flokk­ur­inn’), told Bloom­berg that it is vitally import­ant for the Icelandic economy and la­bour mar­ket for the restricti­ons to be lifted. The oppositi­on parties are not as sure that this will happ­en as the go­vern­ing parties – just 16 of 25 oppositi­on MPs believe that cur­rency restricti­ons will have gone by 2017.

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