Icesave deal subject to referendum

Icelandic President Olafur Grimsson has said he would put a new deal aimed at solving a dispute with Britain and The Netherlands over a £3bn (€3.56bn) repayment to a public vote.

Grimsson confirmed he would not personally ratify a plan to repay funds invested by British and Dutch citizens in internet bank Icesave that were lost when it collapsed in 2008.