Iceland agrees €20,500 deposits guarantee

Iceland’s prime minister offered government guarantees on Icesave savings deposits in Iceland and Holland of nearly €20,500 on each account.

Iceland agrees €20,500 deposits guarantee
Mon, 17 Nov, 2008 - 06:58

Iceland’s prime minister offered government guarantees on Icesave savings deposits in Iceland and Holland of nearly €20,500 on each account.

Prime Minister Geir Haarde said last night the next step would be for Iceland to hold talks with the United Kingdom and other EU countries on how the payments would be made.

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