Only 1/3 of vote counted, so % "NO" could even go higher.
Icelanders react to 'No' result
18:46 GMT, Sunday, 7 March 2010
Voters in Iceland have overwhelmingly rejected proposals to pay back debts to the UK and the Netherlands in the wake of the collapse of the Icesave bank.
With a third of results counted, 93% of voters said "No" in Saturday's referendum.
Here, Icelandic voters reflect the huge opposition to the proposals and give their views on how Iceland should handle its huge debts.
I voted "No" because there are no legal obligations for Icelandic taxpayers to compensate the British and the Dutch for debts incurred by private companies beyond their worth. At least the losses caused by the flaws in the international banking regulatory system should be shared equally per head of the three populations. We want fairness, not blackmail.
Sölvi Eysteinsson, Reykjavik
I voted "No". I voted "No" to an unfair deal, with a colonising mentality. I voted "No" to the oppression of the small by the big. I voted "No" to global capitalism. I voted "No" to greed. I voted "No" to standing by as my people take on burdens which do not belong on their shoulders. I voted "No". Tomorrow the world will follow my lead.
Katrín Oddsdóttir, Reykjavik
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