The Icelandic goverment allways planed on upholding to the clayms of the brittish public regarding to Icesave. And Mr.Brown has only slowed that proses down by his actions. He brought down the biggest bank in Iceland Kaupthing....Talking about adding fuel to the fire

Rúnar, Madrid,

The Icelandic banks/government are firmly in the wrong on this.
But Iceland has masses of cheap energy, a robust aluminium industry and very large tourist potential - not just the bountiful fish harvest.
It will be fine, just needs to get back to basics.

L.Stewart, Cranbrook, UK

It might help to have icelandic reporters reporting the news in Britain today! The Icelandic Government lent 500m EUROS into Kaupthing Bank days before the bank was attacked by UK officials, freezing the bank on the basis of the terrorist act. History will judge Mr. Brown on this one.

Kjartan, Reykjavik, Iceland

Mr Brown's POLITICS using anti terrorist laws to freeze Icelandic assets in Britain is making it impossible for the Icelandic goverment to sell the assets and pay bak british people with saving accounts. He also drove Kaupthing bank over the edge. The British government has to pay for the damage.

Tomas, Karlskrona, Sweden

I think the UK do not realise what your PM has really done:
1- Applying the Terrorist act against a friendly NATO nation is extremely serious and totally unacceptable. An idiotic move!
2- Closing the biggest bank of Iceland Kaupthing in London was illegal. UK gov may have to pay a hefty fine!!

Karl, Reykjavik, Iceland

Britain is as guilty as Iceland in spending beyond their means. We do it with the environment and with money. Payback day has now arrived......

Matt, norwich,

The real scandal here is how councils here thought they could speculate with taxpayers money on the financial markets, and why they are allowed to hold such large reserves whilst charging us ever excessive sums?

Teresa, Deal,

ICELAND has acted irresponsibly with other people's money!!???

The crisis didn't start in Iceland - it is a result of the banking systems in the major developed countries acting irresponsibly with other people's money. "Iceland" is probably guilty of trying to play the same game as the big boys.

dave, kent, UK

What irritated us most was that Icelanders would get their money back but everyone else could hang. Totally unacceptable statement from the President who appears amateurish and out of his depth.

Janet, London,

how come icelanders get their money before brits? not surprising people get upset, they are all customers yet some are more equal than others. Bankrupt banks and bankrupt policies

sam, Shanghai,

Why is an entire nation being blamed for the actions of their banks?

I don't think you will find a single Icelander who would defend the bankers, or the outrageous risks they have taken. But the transference of anger by some Brits is simply inconceivably stupid.

Alex Bee, London, UK

Iceland has to be realistic, you cannot expect to mismanage another country's assets and for no action to be taken. Britain has to act fast and decisively we have a huge exposure of assets in Iceland. It's not just the average savers, it's councils and local bodies.

Amanda, London, UK

I just read about Iceland on wikipedia. It says that Iceland has the biggest Human development index in the world, a measure that combines life expectancy, literacy, educational attainment, and GDP per capita. It has the lowest corruption levels and income distribution is one of the fairest.

Giana, Leeds,

The best defence (to divert attention from your own crumbling Empire) is attacking.

Let's blame the Icelanders for Northern Rock, and the rest of banks that went bankrupt.

Mr. Brown should be the one to blame, along their friendly bankers who put him in power.

Jose Escalera, Nerja, Spain

Most English people I speak to are delighted at the decisive way the Government has dealt with the outrageous behaviour of the Icelanders.

Martin Berry, Surrey, England

A small country has chased greed and has acted irresponsibly with other people's money. How is it bullying that people rightfully want their money back. As a result of this UK tax payers will be paying for Icelands greed. How is this fair?

Chantelle, Auckland, New Zealand

Mr Brown the arch bully who is frightened of his own shadow picks on tiny Iceland. He should look at the involvement of his own government in this debacle and also the role of the entirely useless FSA. Additionally,look at the role of overpaid council executives who recommended investments.

Pete, Lincoln, England

What is next for Mr. Brown? Invasion of Albania?

If, say, an American bank had robbed 300.000 brits of their savings, would Mr. Brown freeze the assets of all American banks in the UK? I, for one, would very much like to see the fireworks if that happened...

Ulfur, Reykjavik, Iceland

Gordon Brown' s outrage is all about politics and the British people in their naivety are likely to swallow it.

Tony, Cairns, Australia

What bothers me isn't that Mr. Brown is acting like a politician... It's that he's acting like a politician up for re-election and Iceland is a convenient target to beat up on(because we basically deserve it) .

This crisis isn't a time for flexing your muscles, it just looks pitiful.

Paul., Reykjavik, Iceland