Dec. 1 (Bloomberg) -- Iceland won’t seek amendments to an accord with the U.K. and Netherlands obliging the island to cover depositor guarantees, paving the way for lawmakers to pass the bill this month, Finance Minister Steingrimur Sigfusson said.

“We’ve exhausted our negotiating options,” Sigfusson said in an interview in Reykjavik yesterday. “I’m still optimistic that this bill will pass long before Christmas.” Parliament is currently debating the accord in the second of three sessions. . . .

The island will be in “big trouble,” if it doesn’t conclude the depositor guarantee talks, Prime Minister Johanna Sigurdardottir said in an interview yesterday.  01-Dec-09.

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