Iceland recognizes the issue of expropriation, as it has had problems with this regarding geothermal deposits. However, they agree with the ECHR regarding the right to fair compensation. Governments should only appropriate property if it will benefit the public as a whole. In any case of compulsory purchase, the purchased property should be used for the public good. The government must have evidence of a plan to use the property to improve the lives of the public before the property can be purchased. The property must also be purchased in accordance with the law, which varies from country to country. Compensation must be provided to the person whose property is purchased. Every country should work to establish a standard for what is a fair market price, to prevent anyone from receiving inadequate compensation. You need to take into account the value of the property and the effect this will have on their way of life. If a person, for example, is losing their home, the government must provide enough money to ensure the individual can move comfortably. That said, Iceland doesn't see a spo...