Should Iceland be punished? Read the comments, the answer is not as clear cut as you might think. On the other hand, you can’t get blood out of a stone, so what does the U.K really hope to accomplish?
And it should be noted that it is not quite accurate to say that Iceland’s president vetoed the measure to pay back the U.KIceland. At least, he did not veto it in the way that Americans think of the word veto.