Delegates from the UK Government in Iceland to talk finance crisis

parliamentTalks have started in Reykjavik about the fate of the UK’s Icesave savers and the Icelandic government is apparently willing to meet the obligations the British government is asking for. There is a great deal at stake for both countries, but both remain hopeful for a positive outcome.

According to the Daily Telegraph, several Universities, UK councils and non-profit organisations have much to lose if they do not get their savings back – one particular small Cat Charity stands to lose GBP 11 million.

But as stated by the Icelandic PM, there are solutions to this and the government of Iceland, in cooperation with the UK government, are looking for solutions to this huge problem and hoping to provide an answer to the most pressing questions soon.

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