30-Mar-2016: Liquidators' Update, see Deloitte site

Haarde Calls Early Iceland Vote Following Protests (Update1)

Jan. 23 (Bloomberg) -- Iceland will hold early parliamentary elections on May 9 after the island’s economic collapse sparked protests directed against Prime Minister Geir Haarde’s government.. . .

. . . The IMF has agreed to lend Iceland $2.1 billion to help rebuild the economy, with an additional $2.7 billion in loans coming from the Nordic countries and Poland. Iceland is also borrowing about $6.3 billion from the U.K., Germany and the Netherlands to cover foreign deposit guarantees at Landsbanki.

“I don’t even want to think about the possibility that a new populist government might toy with the idea of defaulting on those loans,” Christensen said.  23-Jan-09.