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Iceland Rejects Icesave Debt Deal

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.

 

Icelanders reject plan to repay debt

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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