2009 Icelandic financial crisis protests
The 2009–2011 Icelandic financial crisis protests, also referred to as the Kitchenware, Kitchen Implement or Pots and Pans Revolution, occurred in the wake of the Icelandic financial crisis. There had been regular and growing protests since October 2008 against the Icelandic government's handling of the financial crisis. The protests intensified on 20 January 2009 with thousands of people protesting at the parliament (Althing) in Reykjavík. These were at the time the largest protests in Icelandic history.
Some of the 6000 protesters in front of the Alþingishús, seat of the Icelandic parliament, on 15 November 2008
Hörður Torfason at the second weekly protest, on 18 October 2008
18 October 2008
8 November 2008
2008–2011 Icelandic financial crisis
The Icelandic financial crisis was a major economic and political event in Iceland between 2008 and 2010. It involved the default of all three of the country's major privately owned commercial banks in late 2008, following problems in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest of any country in economic history. The crisis led to a severe economic slump in 2008–2010 and significant political unrest.
Prime Minister of Iceland Geir H. Haarde speaks with reporters on 27 October 2008.
The value of the OMX Iceland 15 from January 1998 to October 2008
Some of the 6000 protesters in front of the Alþingishús, seat of the Icelandic parliament, on 15 November 2008.