Icelandic Central Bank Governors Fired by Parliament

The Icelandic parliament has passed a government bill which makes it possible to fire the two last standing governors of the Icelandic Central Bank (ICB).  This is huge milestone in the efforts of the country to make itself trustworthy again after the financial mess which the biggest party in parliament,  The Independend Party,  governors of ICB and management and owners of the former three biggest banks in Iceland.

President of Iceland has already signed the bill which will be effective law by tomorrow.

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