Quotes of the Day

Thursday, Jan. 07, 2010

Open quoteThe Icelandic constitution is based on the fundamental principle that the people have sovereignty.Close quote

  • OLAFUR RAGNAR GRIMSSON,
  • Icelandic President, defending his decision to block a deal to repay Britain and the Netherlands $5.5 billion that was lost in a failed Icelandic savings bank and call for a referendum
Photo: Halldor Kolbeins / AFP / Getty | Source: Financial Times