Dark days lie ahead for Iceland - and sadly for the rest of us. It looks likely that this coming Saturday’s referendum will see Icelanders reject a repayment plan agreed to by the Iceland and UK governments last year. This will have a serious effect on Iceland's viability in the international community + a financial effect on the rest of us - as we [GB and Northumberland] are owed money by the Icelandics. The FTs has a good take on the story: http://www.ft.com/cms/s/0/f2cfeab2-249f-11df-8be0-00144feab49a.html
Tuesday, 2 March 2010
Will the cash come back from Iceland?
Dark days lie ahead for Iceland - and sadly for the rest of us. It looks likely that this coming Saturday’s referendum will see Icelanders reject a repayment plan agreed to by the Iceland and UK governments last year. This will have a serious effect on Iceland's viability in the international community + a financial effect on the rest of us - as we [GB and Northumberland] are owed money by the Icelandics. The FTs has a good take on the story: http://www.ft.com/cms/s/0/f2cfeab2-249f-11df-8be0-00144feab49a.html
