Forty-Seven Percent Unhappy with Debt Cancelation Bill


Forty-Seven Percent Unhappy with Debt Cancelation Bill

Reykjavík houses

Photo: Geir Ólafsson.

According to a new poll carried out by MMR, 47.3 percent of the Icelandic population is dissatisfied with the government’s draft bill for the reduction of household debt. At the same time, 27.5 percent of the population is happy with the measures and 25.2 percent are neither satisfied nor dissatisfied, reports.

The poll found that supporters of the governing Progressive Party and Independence Party were more satisfied with the bill than supporters of other parties.

The poll asked “How satisfied or dissatisfied are you with the government’s bill to decrease household debt in Iceland?” Respondents could select “unhappy,” “rather unhappy,” “neutral” “rather happy,” “very happy,” or “don’t know/don’t want to answer.” A total of 84.5 percent of respondents took a position on the question.

Finance Minister Bjarni Benediktsson said in a radio interview with Bylgjan this morning that it was not possible to satisfy everyone but that many people were happy. He said that the measures would benefit 100,000 households and would mean an up to 20 percent reduction in mortgage debt for a typical home.

The survey was conducted from March 28 to April 1. The number of respondents totaled 960.

According to an earlier poll, 52 percent of the population was satisfied with the government’s debt relief plan shortly after the plan was presented in December last year.


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