The $5 billion compensation deal would have repaid the Britain and Dutch governments for their loans to compensate depositors.
author By LANDON THOMAS Jr. and DAVID JOLLY, source www.nytimes.com
The blessing by European foreign ministers of Iceland’s application raised questions about whether the bloc was losing the will to incorporate nations in the Balkans.
author By STEPHEN CASTLE, source www.nytimes.com
The island nation is locked in a fierce debate over how to pay off its creditors without ceding too much of its vaunted independence.
author By LANDON THOMAS Jr., source www.nytimes.com
The central banks of Sweden, Denmark and Norway have lent Iceland emergency credit of up to $2.3 billion to shore up its swooning currency and forestall a broader economic collapse.
author By MARK LANDLER, source www.nytimes.com