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(Image from article: "Iceland Rejects Icesave Debt Deal")

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Iceland Rejects Icesave Debt Deal

Icelandic voters appeared Sunday to have rejected a government-approved deal to repay Britain and the Netherlands $5 billion for their citizens' deposits in the failed online bank Icesave.

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Icelanders reject plan to repay debt

Voters in Iceland went to the polls Saturday for a national referendum on whether to repay billions of dollars the country owes to the United Kingdom and the Netherlands.

Conditions good for Icesave deal: Iceland minister

Icelanders are sure to vote against repaying $5 billion in "Icesave" debts if a referendum goes ahead on Saturday, but conditions are good for reaching a revised deal with Britain and the Netherlands, Iceland's Foreign Minister was quoted on Wednesday as saying.

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