2008-11-16 :: icenews.is :: L'accord sur Icesave finalement présenté

http://www.icenews.is/index.php/2008/11/16/icesave-agreement-finally-presented/


Icesave agreement finally presented

L'accord sur Icesave finalement présenté

By Alex on Nov 16, 2008 in Finance and Business, Iceland, International, MBL, Politics, United Kingdom

mbl.is/G. RúnarAn agreement has been reached between the governments of Iceland, the United Kingdom and the Netherlands on compensation for money held in Icesave accounts.

Icesave was the British and Dutch online savings bank of the now nationalised Landsbanki, based in Reykjavik, Iceland.

The agreement was presented this afternoon at a historic government meeting house in Reykjavik, which once served as the official residence for Prime Ministers.

Under the agreement, the Icelandic government will pay out on approximately the first EUR 20,000 in each Icesave account. The Icelandic government will not be responsible for deposited savings over EUR 20,000.

The European Union will extend a loan to Iceland for the purpose of paying off the debt to savers. The UK and the Netherlands will be among the countries providing the loan, MBL.is reports.

3 Comment(s)

1.

On Nov 16, 2008, Jim said:

Well, this was all what was wanted and needed in the first place. Shame that Haarde still can’t bring himself to being diplomatic and honourable, instead spouting comments such as: “We are isolated when all 27 EU member states agree that we have to reach an accord on Icesave”. So this comment also means that he never intended to ‘honour the guarantees’ in the first place.

He and the current Icelandic government are a liability and have made an extremely bad impression on countries outside of Iceland. I’ve never seen Europe and the IMF to withhold help for so long and this comes all down to distrust in Haarde and Co. As Haarde said, 27 EU member states agreeing..” - that’s quite a unanimous judgement of how he and his colleagues are perceived.

I wish the Icelandic people all the best with getting through this crisis.

It was really not at all up to the people that these catastrophes happened, it is very much up to them though whether the current government will remain and carry on messing things up.
2.

On Nov 16, 2008, Gray, Germany said:

Good points, Jim! Yes, Haarde has wasted all the trust that any European government may once have had in him and his administration. It will be to a future government to repair all this damage.
3.

On Nov 16, 2008, orchafine said:

I couldn’t more agree with you Jim.
This Government has really to step down. All this Geysergate start to sound more and more to “the guns of mass destruction”. Mr. Haarde or whoever writes his speeches is bringing shame on the Icelandic people. Under such crisis and bad situation, there are a lot of things I wish he didn’t address to world politics like he did.
Again, what a shame…


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