The Icelandic government says it has come to a new agreement with the governments of the Netherlands and the UK over the repaying of $5bn (£3bn) . . .

Iceland's Prime Minister Johanna Sigurdardottir said the government believed the new law would be adopted by parliament.

At a press conference, she said a review by the IMF of its $10bn bail-out programme would take place before the end of the month. . .

It does not cover the money British councils invested in Icelandic banks. They are engaged in a separate process to recover their money, led by the UK's Local Government Association. 18-Oct-09.

http://news.bbc.co.uk/2/hi/business/8313451.stm