Inspired by Iceland

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Dutch Icesave offer received in Reykjavik

votingIceland’s negotiators have been going over a proposal received this afternoon from the Dutch government with regard to repaying the country for the failed Icesave savings accounts.

The Icelandic government and opposition leaders will meet this evening to discuss the new offer. It is not yet clear if the new proposed deal is a joint effort with the United Kingdom or solely related to Icesave in the Netherlands, Visir.is reports.

The offer arrived in Reykjavik despite the recent news of the collapse of the Netherlands’ government. It is thought, however, that a working government can be maintained in the country until new elections this spring.

The Labour Party, which left the government and is led by Finance Minister Wouter Bos, has been the most positive towards Iceland. Polls suggest that both Labour and its coalition party the Christian Democrats would lose many seats if elections were held today. The likeliest next government would be the Liberal Party, which has taken a particularly hard line against Iceland in the Icesave issue.

The new repayment offer reportedly includes a floating rate of interest which will significantly reduce the overall amount payable by Iceland.
Samkvæmt könnunum mun hann og Kristilegir demókratar aftur á móti tapa miklu fylgi yrði kosið nú, en Frjálslyndi flokkurinn undir formennsku Geelt Widers vinna á. Widers hefur viljað beita Íslendinga meiri hörku en ríkisstjórnin og jafnvel talað fyrir því að þeir ættu að greiða alla Icesave skuldina.

3 Responses to “Dutch Icesave offer received in Reykjavik”

  1. demy f.r. says:

    Do give sufficient time in making a final decesion. Due consideration on the collapsed of Netherlands’ government. Hope the final agreement will be beneficial to both with legal consideration for better, improved co-existence.

  2. Anna says:

    Iceland !!!don’t give into the Dutch,give them the money with out any intrest,every one need to share responsablety. NO intrest is fair being that the dutch did not protect they’r own people agains the prived banks (they’r GAMBEL)that is they’r problem, and let them deal with it without Iceland suffering alone,i wonder how they would react if the shooe was on the other foot…

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