REYKJAVIK (Reuters) - Iceland's government plans to introduce a parliamentary bill this week proposing measures to start the process of lifting capital controls, Prime Minister Sigmundur Gunnlaugsson said.
Gunnlaugsson said the measures would be accompanied by the imposition of a "stabilisation tax" but did not make clear whether such a levy would be part of the bill. Politicians have talked of a tax on money that foreign creditors want to take out of the country but the proposals are not yet final.
The measures have been long-awaited. Icelandic authorities have signalled for a year their intention to lift controls and return to the financial mainstream. Parliament must pass the measures for them to take effect.
(Reporting by Holmfridur Helga Sigurdardottir; Writing by Sabina Zawadzki; Editing by Susan Fenton/Mark Heinrich)
