Reykjavík, Iceland

Someone to blame: Iceland intends to prosecute its former prime minister for the country’s spectacular 2008 financial implosion. Geir Haarde was one of four former ministers blamed in a parliamentary report for contributing to the collapse of all the country’s major banks, the biggest financial catastrophe for any country in decades. He was found to have withheld crucial financial information from other government officials. Parliament, now controlled by Haarde’s left-leaning opponents, has ordered that he be charged with “gross neglect” and tried before a special court. Haarde is seeking to get the case thrown out, saying that it is “a political farce motivated by some old political enemies.”

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us