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Economy
Iceland voters reject plan to repay bank debt
2011-04-12
Voters in Iceland issued a resounding "no" in a referendum on whether to approve a renegotiated deal to compensate Britain and the Netherlands over the 2008 collapse of Icesave Bank, leaving the issue to be settled in court.
Voters took the reasoned position that if British and Dutch banks were stupid enough to invest in Icelandic banks that then collapsed, it's their own tough luck, and certainly nothing for which the voters will want to impoverish their children.
Posted by:Fred

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