|
||||||
    |
The president of Iceland sits in his study drinking tea from an immaculate china set.
“If a collapse in the financial sector can bring one of the most stable and secure democracies and political structures to his knees as happened in Iceland,” Ólafur Ragnar Grímsson says to me, “then what could it do in countries that have less stable democratic and political history?” The tiny country is unique not only in its stunning [...] (Reuters) – Iceland’s president accused European countries on Sunday of having bullied it into agreeing to guarantee repayment of the debts of a failed bank, reviving a dispute with Britain and the Netherlands whose citizens are owed billions. When Iceland’s banking sector collapsed in the 2008 global financial crisis, accounts were frozen at the bank Landsbanki, which had accepted deposits from British and Dutch [...] |
Custom Search
|
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
||||||
