Bravo Iceland!

Our plucky friends in the north have done the right thing:

Icelanders have overwhelmingly rejected a plan to repay Britain and the Netherlands billions of pounds lost when Reykjavik’s banks collapsed in 2008

Partial referendum results from around a third of the cast votes showed 93% opposed the deal and less than 2% supported it. The rest cast invalid votes.

Good for them. Quite why the Icelandic government should be liable for the UK’s entirely voluntary decision to bail out Icesave customers is a mystery. Still, it was the use of anti-terrorism laws to seize and freeze Icelandic assets in the UK that was especially disgraceful and, of course, a reminder of how draconian and open to abuse such laws are.

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