Thursday 14 January 2010

IMF and Sweden to delay Iceland loans

Telegraph
"Iceland cannot agree how much it owes for the failure of Icesave's parent, Landsbanki, which meant the UK Treasury had to rescue 300,000 savers in October 2008.Both the International Monetary Fund and Sweden signalled that their hands were tied by the fact that Iceland is unlikely to reach an agreement before a a review of aid for the country is completed later this month."

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