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Icelanders vote in neoliberal foreign debt referendum
[Iran Press TV Latest] Icelanders are voting on whether to pay the UK and the Netherlands $5.2 billion they paid to their citizens after the Icesave bank went bankrupt in 2008. Iceland voters likely will reject a plan to use taxpayer money to cover the losses of British and Dutch depositors in a failed online bank, observers say. The British and Dutch governments want reimbursement of $5.2 billion they paid in compensation to customers after the failure of Icesave bank, which folded in 2008. Voters in Iceland headed to the polls on Saturday, one day after talks between the three countries broke down before an agreement could be reached. Opinion polls suggest the majority of voters will reject the referendum. 96% of them did, according to the vote. But a no vote is expected to deal another blow to Iceland's troubled economy as it could block billions of dollars of loans from international organizations. Posted by: Fred 2010-03-07 |
| http://www.rantburg.com/poparticle.php?ID=292090 |