Jan. 6 (Bloomberg) -- Iceland’s Finance Minister Steingrimur Sigfusson said his government won’t default after its debt was downgraded to junk following a presidential veto of a depositor bill that had sought to repair investor relations.

“I don’t believe there’s anything that points to” Iceland defaulting, Sigfusson said in an interview in Reykjavik yesterday. Even so, “patience toward Iceland is running out. That is a reality we have to face.”  06-Jan-10.

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