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Posts Tagged ‘Icelandic’

“Deal on Icelandic repayments has to be reached”

it’s official – Iceland has said no. The referendum result is a resounding rejection of the proposed payment plan. Of votes counted so far, less than two per cent of people are in favor of the terms to repay Britain and the Netherlands.

Alda Sigmundsdottir: Is Russia Iceland’s New Best Friend?

At any rate, it seemed very strange to us that suddenly Russia wanted to be our new best friend — particularly as the US was perceived to have turned its back on Iceland a few months earlier by leaving it out of an important currency swap agreement

Alda Sigmundsdottir: Fury in Iceland as Disgraced Banking Moguls Request Loan Write-off

This classic case of incestuous nepotism reflects a prevalent trend in the Icelandic commercial sector.