Financial Regulatory Forum

ANALYSIS – Icesave row, Greece feed anti-EU fire in Iceland

March 8, 2010

By Wojciech Moskwa

REYKJAVIK, March 8 (Reuters) – In the eyes of Icelanders, it seems Brussels can do no right. When it comes to fish, European Union bureaucrats intervene too much. When it comes to debt crises like Icesave or Greece, EU leaders simply don’t do enough.

PREVIEW-Angry Icelanders set to reject Icesave deal

March 5, 2010

REYKJAVIK, March 5 (Reuters) – Icelanders are set to reject the terms for repaying Anglo-Dutch debts in a referendum on Saturday, forcing new negotiations with creditors and delaying financial aid the country needs to fix its shattered economy.

Dutch central bank chief: Iceland lied about bank woes

February 4, 2010

AMSTERDAM, Feb 4 (Reuters) – Dutch central bank President Nout Wellink accused Iceland’s government on Thursday of lying about the health of the country’s banks before their collapse in October 2008.

Iceland plans Feb 20 for Icesave vote -draft bill

January 6, 2010

REYKJAVIK, Jan 6 (Reuters) – Iceland’s government is proposing a national referendum be held on Feb. 20 on a bill to repay Britain and the Netherlands more than $5 billion their savers lost when Icelandic banks collapsed, according to a draft bill seen by Reuters on Wednesday.

Iceland leader rejects UK, Dutch compensation bill

January 5, 2010

By Omar Valdimarsson

REYKJAVIK, Jan 5 (Reuters) – Iceland’s president refused to sign a bill to repay Britain and the Netherlands more than $5 billion for money lost by their savers when its banks collapsed, calling for a referendum and sparking a political crisis.

Iceland says has new repayment deal with UK, Holland over deposit losses

October 19, 2009

Iceland's Prime Minister Johanna Sigurdardottir smiles before a vote on the controversial "Icesave bill" in Reykjavik August 28, 2009. (File Photo) REUTERS/Ingolfur Juliusson By Omar Valdimarsson
REYKJAVIK, Oct 18 (Reuters) – Iceland said on Sunday it had agreed to a new deal to repay Britain and the Netherlands billions of dollars of deposits lost when the island’s banks collapsed in 2008, paving the way for new aid from international lenders.