Iceland and the International Monetary Fund set at positive 2-3 percent by 2010. Additionally Iceland determined that it would not support the losses of its pension funds and social service programmes in order not to take up additional obligations. One of the primary objectives of the Icelandic government in seeking an IMF programme was to stabilize the ISK and to set a path for its gradual appreciation. To stabilize short term pressures on the ISK the Central Bank of Iceland raised interest rates to 18% and prepared to back the krona with its foreign reserves, specifically for which Iceland asked for an IMF programme . The
Basic income in the Nordic countries (Left Party). The basic income-concept became known in Denmark in the late 1970s with the book "Oprør fra midten". The following decades the debate continued, with some small victories for the movement, but nothing like a big break through. In the national election 2015 a new party was elected into parliament, Alternativet, which is amenable to some kind of basic income. The basic income debate in Iceland in recent years is strongly linked to the recent rise of their Pirate Party, with Birgitta Jonsdottir as one of the front figures. Basic income in the Nordic countries Basic income ("Swedish: basinkomst