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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...
Tags: Icelandic Parliament, Netherlands, iceland parliament, British, internet bank, Dutch, Icesave Bank
Lawmakers voted in favour of the proposal and are set to begin the ascension talks with the EU. Although the country stands on the verge of bankruptcy, citizens as well as members of the parliament disagree on the issue, which has been a subject of heated...
Tags: Icelandic Parliament, Iceland Parliament Approves Country, Icelanders, European Union, Althingi, eu bid, European Commission, parliament votes, eu membership, membership talks
Iceland has been forced to prop up its ailing currency, take over the country's second-biggest bank and ask Russia for a loan of €4 billion ($5.4 billion) as the country's financial system has been plunged into chaos. Iceland's financial regulator, which...
Tags: Icelandic Financial Supervisory Authority, Icelandic Parliament, Iceland Meltdown, iceland banks, biggest banks, supervisory authorities, takes control, Landsbanki, UK Treasury, Kaupthing Edge