Sunday, March 7, 2010

Iceland votes 'no' to debt deal for collapsed bank

According to results released Sunday, just over 93 percent of voters said "no" in Saturday's ballot, while only 1.8 percent voted "yes." The rest were blank or spoiled ballots. The results were based on a count of all but 2,500 of the 143,784 votes cast.

President Olafur R. Grimsson -- who sparked the referendum by refusing to sign the repayment deal agreed by Iceland's parliament -- said Icelanders resented having to pay for the actions of a few "greedy bankers."

Source: finance.yahoo.com

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