Klaus Spoeri, a fund manager at Frankfurt-Trust, says that while he recently bought more Icelandic bonds because of their attractive yields of more than 5 percent, he’s now holding off.
"We’re quite confident about Iceland and the turnaround," Spoeri said. But if Saturday’s elections should "go wrong, we’ll liquidate the position."
Election 2016 Results
Invalid/blank votes 5,574
In brief | Pirate Party
What: A pro-free speech, anti-authoritarian political party in Iceland
Founders: A group of anarchists, hackers and internet-freedom activists
Leader: The party eschews formal leaders but Birgitta Jonsdottir is the most senior of three Pirate lawmakers in Iceland’s parliament
“I would like everybody in Iceland to find the pirate within, because the pirate within really represents change and a collective vision for the future.”
- Birgitta Jonsdottir, Pirate Party lawmaker