Voters in Iceland have rejected a government-approved deal to repay Britain and the Netherlands $5 billion for their citizens' deposits in the failed online bank Icesave, referendum results showed Sunday.
With about 90% of the votes counted, the "no" side had 59.1% of the votes and the "yes" side 40.9%. The result reflects Icelanders' anger at having to pay for the excesses of their bankers, and complicates the country's recovery from its 2008 economic collapse.
Source: online.wsj.com
0 comments:
Post a Comment