The EFTA surveillance authority’s decision to take Iceland to court over its unwillingness to accept a state guarantee for Icesave customers in the UK and the Netherlands was greeted in Reykjavík with little surprise.
Tag Archive | "ESA"
EFTA Iceland Icesave court decision: analysis and reactions
Posted on 15 December 2011.
Posted in European Union, General, Holland, Iceland, MBL, Politics, United KingdomComments (0)
EFTA to take Iceland to court over Icesave
Posted on 15 December 2011.
ESA, the EFTA (European Free Trade Association) surveillance authority, has decided to take the Icelandic state to the EFTA court over its handling of the Icesave case. By discriminating against foreign depositors and not reimbursing the British and Dutch governments within one year, it is claimed Iceland broke European law.
Posted in Business, Featured, General, Holland, Iceland, International, MBL, Politics, Society, United KingdomComments (0)
UK and NL receive first Icesave refunds, ESA still not sure about legal action
Posted on 09 December 2011.
The estate of Iceland’s bankrupt Landsbanki bank this week paid the British and Dutch governments one third of the money they claim for having bailed out Landsbanki’s Icesave customers in the two countries. An ESA spokesman said that there still has not been any decision made as to whether or not the Icelandic state will [...]
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Icelandic insurer still under investigation despite ownership change
Posted on 04 August 2011.
New ownership of the Icelandic insurance company Sjova does not mean the EFTA will stop its investigation into whether the government gave state subsidies to save the company, against European law.
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Icelandic mortgage provider in European spotlight
Posted on 19 July 2011.
The supervisory arm of the EFTA, the ESA, has given Icelandic authorities a six-week deadline to implement changes to the public sector Housing Finance Fund — the country’s biggest mortgage lender. A formal investigation could take place if the deadline is missed.
Posted in Business, Featured, General, Iceland, International, MBL, Politics, SocietyComments (2)
ESA: Iceland is responsible for Icesave refund
Posted on 10 June 2011.
The EFTA surveillance authority, the ESA, has ruled that the Icelandic authorities are required to pay out the minimum insurance amount on Icesave deposits in the UK and Netherlands.
Posted in Business, Featured, General, Holland, Iceland, MBL, Politics, United KingdomComments (57)
Iceland to send response to EFTA Icesave reprimand
Posted on 01 May 2011.
A letter of response from the Icelandic state to the European Free Trade Association surveillance authority (ESA) about the Icesave dispute will be sent immediately after the weekend.
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EFTA calls on Iceland to change running of national broadcaster
Posted on 12 February 2011.
The ESA, the regulatory agency of the European Free Trade Association (EFTA) has formally requested changes to the way Iceland’s state broadcaster is managed.
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