Over 20.000 Icelanders have signed their name on a special web page thanking the Faroe Islands for their support in the form of a 6 billion ISK loan.
On the web page it says that it is a venue for Icelanders to thank the Faroese for their generosity and willingness to help Iceland in these difficult times.
“Hopefully we can strengthen the good relationship between the nations through this site. The Faroe Islands are ready to help us (Iceland) even though they themselves are going through rough times,” reads the site.
Shops in Iceland have shown their gratitude by giving the Faroese special discounts when shopping and the Faroese Flag has been raised and put in peoples’ windows.
I want to make it absolutely clear. The money the Faroe Islands gave Iceland is exclusively Faroese, since the Faroe Islands took it from the Faroese National Bank. The DKK 615 million Denmark gives us is used for the hospitals and general maintenance – or in other words, the money from Denmark is used. Just because Denmark gives us money doesn’t mean we have to have negative growth in our economy all the time – we have our own savings! The 615 million covers a measly 6% of the Faroese GDP! And besides, the economic troubles the Faroe Islands had in the beginning of the 90’s were made immeasurably worse by Den Danske Bank (The Danish Bank), when they did some “creative accounting” in one of their divisions on the Faroe Islands and left US with THEIR mess. In the end we had to pay Denmark back DKK 9 billion in loans! We HAVE paid all 9 billion except the last DKK 500 million back. So GreatDane and all you other people saying that it is all “Thanks to Denmark”, get your facts straight! You have no idea how often I have to hear crap like this in Denmark (I live in Denmark). “Casual Prejudice” doesn’t even cut how ignorant some Danes can be; since I can’t go to ONE place without hearing Danes whining about how much money “I” (literally what they say) get from them. I, along with the 20,000 to 25,000 other Faroese in Denmark pay taxes too! And if you are so sad about all your tax money, at least it’s used to help some almost 50,000 people in a country YOU (the country) took from Norway. If you want to whine about something real, then whine about the DKK 120 million yearly maintenance prices you use for your new fangled opera house in Copenhagen!
Faroe Islands should be free and independent!
More connections with Norway, Iceland and British Isles!
Has anyone thougt about how much money the Danish goverment gets from EU and US just for control of the Faroese air space. Just that alone is worth 100’s of millions of US$!
That is why Denmark keeps putting out the $ to the Faroe Islands.
The Danish goverment won’t tell how much they get, even tho the Faroese goverment has tried to look in to the matter several times.
Axel, read the following:
“A 14-year old boy from Iceland has created an Association Against Poles on the internet.
He calls his fellow countrymen to get rid of Poles while there is still time.
Three days after creating the site, the boy had received the support of 700 other teenagers. The messages in their posts is clear: kick Poles out of Iceland.
The case has received massive media coverage in Reykjavik and is now sparkling heated debates all over Iceland. Some posts on the web site’s forum are so offensive that the police intend to start an investigation.
“A xenophobic mood is on the rise in Iceland. The number of immigrants is skyrocketing, which makes native inhabitants uneasy and confused”, says Einar Skulason, head of the Intercultural Centre in Reykjavik, quoted in Rzeczpospolita.
“They vent their frustration on Poles, as they are the most numerous immigrant group. Furthermore, a negative image of Poles is boosted by the media, which highlight crimes committed by Poles,” says Skulason.”
Why would Poland lend Iceland money when not too long ago there was a movement in Iceland to force Polish people to leave Iceland?
What movement was that Stan ?
Regarding the comments from Enmax. Immigrants from Poland and other countries came to Iceland to take jobs which Icelanders did not want or because there were no people in Iceland to fill them. The fact that Polish immigrants sent money home was a smart move considering the drop in the value of the Icelandic currency. It also shows that Polish people are savers. If Icelandic people were savers they would not be experiencing the current economic problems. Immigrants from Poland and other countries contributed to the Icelandic economy. Therefore, neither the Polish government nor any other government owes Iceland anything. The economic problems in Iceland were caused by Icelanders. Unfortunately the mismanagement of the Icelandic banks has created problems for people in other countries.
As for the loan from the Faroe Islands, the only way that will happen is if Denmark gives the Faroe Islands money to lend to Iceland.
>Will. How could you afford to visit Iceland several times? Perhaps you ar part of the same world as Icelanders?
I´ve came to Iceland in 2000 ,few years later few thousand other polish people came here.They was working and sending huge amount of cash to Poland(5000 x 100 000 ISK monthly) so i think its not big deal if polish goverment will show a bit of gratitude in this act
I’ve visited Iceland several times since 2005. It always struck that the country was living *well* beyond its apparent means. As it turns out, the entire economy of the past decade is a fraud. How was Baugur, for example, able to take over so much UK retail? Where did the money come from? Well, it turns out that Icelanders (with the support of Kauphthing, Glittnir, etc., “buying” cheap money on the wholesale market) have been playing the leveraged buyout game to outrageous extremes. This crash is no surprise. The whole sorry affair is a sad morality play. Pity. Next time, create an economy with some basis in reality.
@Stan: “Why would Poland lend Iceland money when not too long ago there was a movement in Iceland to force Polish people to leave Iceland?”
Funny isn’t it? Those (few) people are getting what they wanted. Foreigners are leaving their country.
Why would Poland lend Iceland money when not too long ago there was a movement in Iceland to force Polish people to leave Iceland?
ripped off not at all, it is a loan they will have to pay back.
I am just very very surprised that the Feroe islands have that kind of money in their coffers.
Tollak, just take a look to http://www.Bloomberg
¨Poland joins the IMF, Norway the Faroe Islands, which have pledged about $2.8 billion to help revive Iceland’s economy. There is no formal accord on the entire $6 billion package, said Greta Ingthorsdottir, an adviser to Iceland’s Prime Minister Geir Haarde.¨
Poland 200 million u$s (IMF 2.1 Billion u$S)
Faroe Island 51 million u$s
So, I believe that icelander PM does`t knows so much about nothing.
However the three banks together amassed debt worth of $61 billion u$s, so even a loan fron Mars can help iceland to pay debts
# GreatDane – feeling ripped off? & IceSavers shouldn’t?…….
geez, Where do these Feroe islands get that kind of money from ? Well to answer that the get them for free in Copenhagen, easy to lend money when your masters in Copenhagen pays all the bills.
I don’t mean to be rude or anything, but when asked to comment on Polands loan offer, Geir H. Haarde, Icelandic Prime Minister, said he didn’t know of this supposed offer from Poland.
i am not polish , but i do support the people in Iceland, mine haspund is Icelandic mine kids ass well and i think , a mine it very difficult, a mine fros Kriste their is a lot of people lost they are houses , kids they are scare , i cant believe thats this is happening, people they have no many , i don’t understrength why we have to pay for all this criminal , hu dit what they dit , i don’t understrength how can a person in a bank can be pay one fucking million by month , and the country has no mony , and this guy jon ausgeirir , or what is hi name , they now what they dit , and let people pay for they are mistake that is not fairer, they shall help people not let them wet out job and no food for they are kids , how this could happen, we now already the answer, and they don’t even let people now what is gonna happen , have a clue at list, for the next step , they have to go in a anther country to work coz the Iceland has no work for peopel , they radder lose the Icelandic people then do something , giving promesis and don’t keeper not rely nice they are just distroing people and kids, shameless on them.
I hope that the Icelandic people will do the same thank Poland for their support to the Icelandic people as well.