Delegations on behalf of British and Dutch authorities are currently in Iceland and discussed the dispute surrounding Landsbanki’s Icesave deposits with the Icelandic negotiation committee until late last night. A possible solution will be presented to the Icelandic government today. . . .

. . . In Britain, the Icesave dispute has involved what the actual value of Landsbanki’s UK assets is and what kind of an interest rate arrangement the agreement with Iceland should have. The arrangement of payments has also been debated. 05-Jun-09.

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