The 2008 banking crisis is one of a series of events that has prompted people in Iceland to ask for their consititution to be rewritten.
With two thirds of votes counted, 66 percent had already opted for a rewrite. Turnout was 49 percent of the island’s 235 thousand eligible voters.
The collapse of Iceland’s heavily-indebted banks led to demands for change after accusations of cronyism between the business and political elites.
Issues like the control of the country’s natural resources and fishing industry have also contributed to calls for a redraft.
The referendum is non-binding but backers of change hope politicians in what is known as the world’s oldest parliamentary democracy will find it hard to ignore.
Latest world news
Kenya burns huge ivory stockpile calling for ban on trade
Hundreds arrested as German anti-immigrant AfD party congress begins
Iraq: al-Sadr supporters storm Baghdad Green Zone and parliament
Sweden celebrates 70th birthday of King Carl XVI Gustaf
Iraq: al Sadr supporters storm Green Zone and parliament
Wires > News
- 04:18 CET For Obama, it’s time for one last laugh at annual Washington dinner
- 04:16 CET China trains ‘fishing militia’ to sail into disputed waters
- 03:22 CET Venezuela leader hikes minimum wage 30 percent amid raging…
- 02:35 CET Facing long odds in California, Cruz courts state’s Republicans
- 02:04 CET Aleppo bombed as Syrian army begins ‘calm’ plan elsewhere
- 00:40 CET Putin reshuffles Russia’s law enforcement structures
- 21:45 CET Canada eager to consider investing in new Montreal rail network -…
- 20:58 CET Blacklisted oil tanker returns to Libya’s Zawiya port