Finance Minister Open to Re-Negotiations - The Reykjavik Grapevine

Finance Minister Open to Re-Negotiations

Published January 12, 2010

Minister of Finance Steingrímur J. Sigfússon told reporters that while nothing formal has been established, he is open to the idea of re-negotiating an Icesave deal with British and Dutch authorities.
Special investigator for the bank collapse Eva Joly, Leftist-Green MP Lilja Mósesdóttir and some members of the opposition have put forward the idea that a non-related mediary be brought into new discussions. Among those mentioned was former vice chancellor of Germany Joschka Fischer. The Confederacy of Icelandic Employers, the Federation of Icelandic Industries and the Iceland Chamber of Commerce co-wrote an article to Fréttablaðið to the same effect.
Sigfússon told reporters that the idea hasn’t come up between himself and British and Dutch authorities, saying that communications after the president’s veto were to assuage any fears. However, he did not rule out the possibility, but added that it was too soon to comment on the matter as it stands.

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