Tuesday, April 12, 2011

Financial Row Continues between Iceland and the Netherlands

Yesterday, Icelandic voters rejected a referendum for a second time that would have authorized repayment of monies to the governments of the United Kingdom and Netherlands in connection with the 2008 collapse of the Icelandic Icesave bank.   The Netherlands now states that it will be impossible for Iceland to join the European Union.  But EU enlargement spokesperson Natashia Butler said that it is not an issue that will affect accession negotiations.  For more information, see this report from the EU Observer.



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