Iceland agrees with British/Dutch to repay €4bn lost in failed Icelandic bank by 2024; Paves way for more IMF aid
Oct 19th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Iceland agreed on Sunday with the British and Dutch governments to repay almost €4bn lost in a failed Icelandic bank, by 2024, paving the way for more IMF (International Monetary Fund) aid as it struggles to restructure its economy after the dramatic economic crash in 2008.