Iceland joins countries hit by banking crisis

The Icelandic government was today reported to be in crisis talks with the country's central bank over moves to prop up the banking sector.

Iceland joins countries hit by banking crisis

The Icelandic government was today reported to be in crisis talks with the country's central bank over moves to prop up the banking sector.

The talks are understood to centre on a plan to inject up to €10bn into Iceland's banking system from Nordic central banks and Icelandic pension funds, according to the Sunday Telegraph newspaper.

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