Inspired by Iceland

Tag Archive | "Holland"

Iceland president rejects Icesave bill


The President of Iceland, Olafur Ragnar Grimsson, has decided that the latest Icesave bill will be sent to a public referendum. Read the full story

Posted in General, Holland, Iceland, MBL, Politics, United KingdomComments (21)

Iceland parliament votes ‘yes’ on Icesave repayment bill


Althingi, Iceland’s national parliament, has voted in favour of a bill that would repay Britain and the Netherlands for money lost when Landsbanki collapsed along with its high interest Icesave accounts in the two countries. Read the full story

Posted in General, Holland, Iceland, MBL, Politics, United KingdomComments (7)

Icesave opposition presents petition


The third and latest Icesave repayment plan may be more popular in Iceland than its predecessors, but opposition to the bill is well-organised and presented its petition this morning. Read the full story

Posted in Business, General, Holland, Iceland, MBL, Politics, Society, United KingdomComments (7)

Icelandic parliament very likely to pass Icesave bill


The biggest opposition party in the Icelandic parliament has indicated that it will probably support the latest Icesave deal between Iceland and the UK and Netherlands. Read the full story

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Icesave contracts leaked online


An individual or group calling themselves the Union of Interested Parties in Open Administration has published the unabridged Icesave contracts between Iceland and the UK and Iceland and the Netherlands on the internet. Read the full story

Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (2)

Icesave deal has deadline


A clause in the new Icesave deal between Iceland, the Netherlands and the United Kingdom states that Iceland must approve the contract and make it legally binding before the New Year, or risk the other two countries backing out. Read the full story

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Icesave deal formally presented in Reykjavik


Iceland, the Netherlands and the UK have completed the latest draft of a deal to settle the ongoing Icesave dispute. Initial reaction to the deal is largely positive, although the Icelandic parliament has yet to vote on it. Read the full story

Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (25)

Icesave draft details come to light


Details of some of the main articles in the newest draft deal in the Icesave dispute between Iceland, the Netherlands and the UK are now coming to light. The burden on the Icelandic state will be anywhere from ISK 0-50 billion (USD 0 – 435.2 million). Read the full story

Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (27)

Good progress with Icesave but no end in sight just yet


Despite some claims to the contrary, there has not yet been any new deal agreed in the ongoing Icesave dispute between Iceland, the Netherlands and the United Kingdom. The talks are, however, said to be going very well. Read the full story

Posted in Business, General, Holland, Iceland, MBL, Politics, Society, United KingdomComments (33)

Icelandic state “not responsible for Icesave”


International law specialist at Norway’s Tromso University, Professor Peter Orebech, says that Iceland would actually be breaking EU rules by forcing its tax payers to reimburse the Netherlands and the UK for Icesave debt, which rightfully belongs with the country’s privately funded depositors’ insurance fund. Read the full story

Posted in Business, European Union, General, Holland, Iceland, MBL, Politics, United KingdomComments (46)

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