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Iceland votes to repay Britons' savings

Source: Guardian Unlimited

Reykjavík : Iceland | 3 months ago

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Iceland 's parliament today approved a plan to repay Britain and the Netherlands £3.4bn they used to compensate depositors after the collapse of an Icelandic bank. Johanna Sigurdardottir, the prime minister, said the " Icesave " bill was an important step in her country's economic recovery, paving...

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News Stories

Iceland to repay UK's £3.4bn Icesave losses

News Source: The Independent | 3 months ago

The Icelandic parliament passed the "Icesave" bill agreeing to repay more than $5.5bn (£3.4bn) to the British and Dutch governments yesterday. The deal, which spreads the payments over the next 15 years, brings to a close months of controversy...
Iceland approves repayment of bank losses

News Source: United Press International | 3 months ago

The Icelandic Parliament approved legislation Friday to repay billions of dollars to British and Dutch depositors in the Icesave Bank, starting in seven years. The bill authorizes repayment of $6 billion or about $20,000 for every man, woman and...
Iceland votes to repay Britons' savings

News Source: Guardian Unlimited | 3 months ago

Iceland 's parliament today approved a plan to repay Britain and the Netherlands £3.4bn they used to compensate depositors after the collapse of an Icelandic bank. Johanna Sigurdardottir, the prime minister, said the " Icesave " bill was an...
Iceland to repay £2.3bn Treasury bailout

News Source: Guardian Unlimited | 3 months ago

The Treasury today welcomed the Icelandic parliament's decision to repay £2.3bn to the UK after the collapse of an internet bank . The money was paid out by the UK government when it stepped in to compensate UK depositors with Icesave , whose parent...
Iceland to repay Brits, Dutch over failed bank

News Source: Daily Breeze | 3 months ago

Iceland decided Friday to repay Britain and the Netherlands the $5.7 billion it borrowed to compensate savers in those countries' who lost funds in the collapse of an Icelandic Internet bank last year. The Icelandic government overcame heavy...
Iceland parliament backs Icesave treaty

News Source: Dutch News | 3 months ago

The deal was reached between Iceland and the Netherlands in June, but there has been mounting opposition to the agreement in Iceland itself. Iceland's prime minister Johanna Sigurdardottir said that her government was hopeful that the Icesave issue...