UK’s role in the economic collapse of Iceland on PACE agenda
- 28/11/2008 17:44:28
- Standing Committee
At today’s debate, held during a meeting of PACE’s Standing Committee in Madrid, Steingrímur Sigfússon (Iceland, UEL) explained why his delegation had requested a special discussion on “the economic collapse of Iceland and its correlation with two separate, but linked actions carried out by public authorities in the United Kingdom”.
These were, firstly, the use of
“The
“A different response based on the rule of law and good diplomatic practice, conducted in good faith, could have prevented the financial collapse or at least have it made less severe.”
After a lively discussion, at which different views were expressed, PACE President Lluís Maria de Puig concluded by stressing that a follow-up to this debate was likely to be proposed to the PACE Bureau in the near future.