The “common view” of Sweden, Norway, Finland and Denmark on the status of their $2.5 billion loan after Grimsson’s de facto veto of the Icesave bill is that continued disbursement of the loan “would require that Iceland complies with its deposit guarantee scheme obligations,” Dorte Drange, a spokeswoman at Norway’s Finance Ministry said in an e-mailed response to questions.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.RzysqghSaw

I hope our government loans the money, no matter what the UK, EU or IMF says. Looks like we’ll do whatever is agreed upon by Nordic countries.

Greets from Finland!

Don Franco, that is just a personal attack. Sir Euro, stated his opinion as a foreigner living in Iceland. If you disagreed, you should have stated why you disagreed. Remember, foreigners were brought to Iceland to do jobs which Icelanders didn’t want to do or were not qualified to do.

The real lack of dignity is that Iceland still grants a work permit to someone like you.”

I DON´T NEED A WORK PERMIT IN ICELAND AS ICELANDERS DON’T NEED WORK PERMITS TO WORK IN THE EUROPEAN UNION. AND THANKS GOD THAT IT IS LIKE THAT SO THOUSANDS OF ICELANDERS HAD MOVED AND FOUND A JOB IN SWEDEN, DENMARK, HOLLAND, UK, GERMANY, ETC…

IF ICELANDES DID NOT HAVE JOB PERMITS IN EU MORE THAN 40.000 ICELANDERS WOULD HAVE TO COME BACK TO ICELAND, AND THEN CANNIBALISM WOULD START IN THE COUNTRY!!

SO SHUT UP YOUR MOUTH!! BECAUSE WE HAVE THE RIGHT TO EXPRESS OURSELVES WITH TOTAL FREEDOM OF SPEECH. WHATEVER YOU LIKE IT OR NOT.

AND YES, YOU KNOW YOURSELF ICELANDIC NEWS IN THOSE YEARS SPECIALLY DURING 2005 AND 2006, “WE ARE THE RICHEST COUNTRY IN THE WORLD, WE ARE THIS AND THAT”… WHAT A LACK OF MODESTY!!!

NOW IS SEE ICELANDERS TURN INTO A LEGION OF BAGGERS!! AND THAT IS WHAT I CALL LACK OF DIGNITY. NOW YOU NEED TO LEARN TO BE HARD WORKERS, AND LIVE MODESTLY LIKE ALL EUROPEAN WORKERS, NOT DRIVING EXPENSIVE CARS AND HAVING VERY WELL FURNISHED HOUSES WHILE YOU CANNOT AFFORD ANYTHING OF THAT!!

WELCOME TO REAL LIVE!! AND I HOPE YOU DON’T GET MORE MONEY FROM THE EUROPEAN WORKERS AND TAX PAYERS. YOU DESERVE TO BE WHERE YOU ARE. YOU ARE A POOR COUNTRY AND LEARNT TO LIVE WITH IT!!!

Your position (a relatively new one it would seem as I’d not heard it from you (or anyone) before the last week or so) is that you want the same rate as the FSCS. As I’ve said elsewhere, I don’t know enough about the anti-discrimination rules to judge that one. Frankly, I’d be surprised if you do. Certainly it is odd that, despite the calls for lower rates, it’s only been recently that the FSCS rate has come up.

Don’t suppose you know the Dutch one?

Not sure what your point was about Mike, because I’m pretty sure he was arguing that like-with-like meant 5-7%. You do know that the FSCS loan is a 3 year one to a UK-backed institution, rather than a 15 year one to an Iceland-backed one?

If you want 1.5%, “To court”! :)

BTW, I feel that it’s time for my annual question as to why you call me “Brumley”. No hurry though; just as with the Kaupthing legal case thread. :D

Brumley your bluff is transparent.

The UK and Holland want to push the false hood of comparison with raising money from markets ( as Mike UK Nordic Analyst do say its wrong to compare like this when should be looking at merits and intent of deal itself ) when instead …

focus should be on what UK and Holland do to lend to their own equivalent compensation fund ( i.e. UK Financial Services Compensation Scheme (FSCS) the UK’s statutory fund of last resort for customers of authorised financial services firms ) which is charged 1.5% by UK for same class of loan ..

Interested readers see here :
http://www.icenews.is/index.php/2010/01/07/the-emergence-of-icesave-empathy-for-iceland-in-uk-media/comment-page-1/#comment-109505

I’ve always said that the British and Dutch missed a trick by not agreeing to the same rate as the Nordics. Difficult to argue that it’s too high, especially as people would tend to look at the current and not expected average rate.

And Icelanders think their negotiating team were stupid :) .

The real lack of dignity is that Iceland still grants a work permit to someone like you.