Jan. 14 (Bloomberg) -- Iceland’s President Olafur R. Grimsson said the island’s economy will emerge unscathed by his decision to put to a referendum a U.K. and Dutch depositor bill that polls show voters will reject.

“Nothing very serious will happen to the economy because then we will go back to the agreement which was made last summer between these two countries,” Grimsson said in an interview in New Delhi today, where he is being awarded the Jawaharlal Nehru Award for International Understanding.  Business Week website - 14-Jan-10.

http://www.businessweek.com/news/2010-01-14/iceland-president-says-economy-to-emerge-unscathed-from-icesave.html