The Financial Times say that Iceland’s week-old government was locked in its first serious crisis on Monday after the governor of the central bank accused it of instigating a “political attack” against him and angrily rejected a demand by the new prime minister to resign.David Oddsson, a feisty former prime minister and architect of the free market reforms that revolutionised Iceland’s economy and then contributed to its collapse, was reacting to a letter from the new prime minister demanding his resignation to take responsibility for the crisis.
ft.com
mbl.is/tv from revolt against the governor of the central bank.
See also: http://news.bbc.co.uk/1/hi/world/europe/7871256.stm
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