Leaders from across Iceland's political spectrum met Dutch and British ministers on Friday over more than $5 billion in Icesave bad bank debts, but the talks ended with no signs of progress.
Iceland has approached several governments about the possibility of mediating talks on the more than $5 billion its owes to Britain and the Netherlands after the island's banking crisis, Icelandic media reported on Sunday.
Iceland has approached several governments about the possibility of mediating talks on over $5 billion its owes to Britain and the Netherlands after the island's banking crisis, Icelandic media reported on Sunday.
REYKJAVIK, Jan 13 (Reuters) - Iceland's economy minister said on Wednesday there were signs the country's IMF-led aid package would be delayed after a hitch in a deal to repay the UK and the Netherlands money lost in the island's banking collapse.
Six out of 10 Icelandic voters plan to reject a bill on repayment of more than $5 billion owed to Britain and the Netherlands in a referendum on the so-called Icesave deal, according to a poll published by an Icelandic daily on Saturday.
Iceland's president said on Tuesday he would not sign into law a bill to repay more than $5 billion lost by savers in Britain and the Netherlands when the island's banks collapsed, creating fresh political turmoil for the crisis-hit country. President Olafur Grimsson's rejection of the bill is seen putting aid from international lenders, as well as aspirations to join the European Union, in ser...
Britain said it wanted Iceland to rapidly resolve the issue of compensation for the failure of Icelandic bank Icesave, after the North Atlantic island's President Omar Grimsson refused on Tuesday to sign a bill authorising this.
Iceland's president refused on Tuesday to sign into law a bill to repay more than $5 billion lost by savers in Britain and the Netherlands, forcing the issue to a referendum and stirring fresh turmoil in the crisis-hit country. President Olafur Grimsson's rejection of the unpopular bill put aid from international lenders and his country's aspirations to join the European Union in serious jeopar...
Nearly a quarter of Icelandic voters have signed a petition asking their president to veto a bill on repaying $5 billion lost by British and Dutch savers when the island's banks collapsed, organizers said on Saturday.
Iceland's parliament approved an amended bill late on Wednesday to repay more than $5 billion lost by savers in Britain and the Netherlands when the island's banks collapsed during the financial crisis.
Iceland's parliament approved an amended bill on Wednesday to repay more than $5 billion lost by savers in Britain and the Netherlands when the island's banks collapsed during the financial crisis.
Once again, the writers, editors, and community at BootsnAll have collected up our best recommendations for destinations we think are worth considering for any independent traveler. Lists like this seem to be everywhere these days, which is another reason we try to make ours special by
Shooter Bill Simmons wrote me: “…If things continue to muddle along into the progressively improving future as they always have in the grand scheme of things…”
Will a gene bring healthful blessings or the curse of disease? It may depend on whether it is inherited from mom or dad, researchers reported on Wednesday.
Westman Islands now an easy day-trip from Reykjavik. A new ferry pier on Iceland's south coast will soon provide the first high-speed link to the jewels in Iceland's volcanic crown, Vestmannaeyjar or the Westman Islands.
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Norway, Costa Rica and the Maldives are struggling with high costs and technological hurdles to stay in the world's most exclusive club for fighting climate change -- seeking to cut net greenhouse gas emissions to zero.
The H1N1 flu is moving eastwards across Europe and Asia after appearing to peak in parts of western Europe and the United States, the World Health Organization (WHO) said on Friday.
Flu infections may be peaking in some parts of the northern hemisphere, but are still spreading fast in others, the World Health Organization said on Friday.
German generic drugmaker Ratiopharm has attracted at least 10 first-round bids, several people familiar with the procedure told Reuters on Wednesday, indicating that a competitive auction was underway.
The weather is cooling down and many North Americans are grudgingly trading in their teeny two-piece for a wool coat and gloves-but just because the seasons are changing doesn't mean there is
The Philippine government aims to approve contracts to explore and develop the country's massive geothermal energy resources, which could attract more than $2.5 billion in private investment, an official said.
