Currency restrictions lifted within two years

A majority of Icelandic MPs predict that existing currency restrictions in Iceland will be lifted before the end of this Parliament in two years’ time, according to an opinion poll conducted among Icelandic MPs by Bloomberg.

According to the poll, all but three of the MPs from the two parties forming a parliamentary majority predict that currency restrictions in Iceland will be lifted by 2017. Ministers were not included in the survey.

Ragnheiður Ríkharðsdóttir, MP for the centre-right Independence Party (‘Sjálfstæðæisflokkurinn’), told Bloomberg that it is vitally important for the Icelandic economy and labour market for the restrictions to be lifted. The opposition parties are not as sure that this will happen as the governing parties – just 16 of 25 opposition MPs believe that currency restrictions will have gone by 2017.