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Icelanders to vote on whether to repay UK over bank bailout

Publié par Clifford Armion le 01/06/2010

Allegra Stratton and David Teather

"The government insisted it would be refunded the cost of bailing out British depositors in Icelandic banks despite Iceland's president blocking the necessary legislation and forcing a referendum which could see its citizens vetoing the repayment of the funds.

"Along with the Netherlands, Britain is seeking more than £3.1bn from Iceland after compensating 300,000 British savers with deposits in Icesave's parent bank, Landsbanki, which failed in 2008. The UK and Dutch governments have been pressing Reykjavik for repayment but yesterday Iceland's president, Olafur Grimsson, vetoed a bill approving the repayment, forcing a referendum on the issue. A quarter of the Icelandic electorate had petitioned the president to block the legislation."

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Pour citer cette ressource :

"Icelanders to vote on whether to repay UK over bank bailout", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2010. Consulté le 01/10/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/icelanders-to-vote-on-whether-to-repay-uk-over-bank-bailout