Dutch and British Ready to Relax Icesave Conditions - The Reykjavik Grapevine

Dutch and British Ready to Relax Icesave Conditions

Published April 5, 2010

Officials from the UK and Holland are willing to ease up on conditions for agreement with regards to working out an Icesave deal.
Eyjan reports that both British and Dutch authorities are ready to relax on what they previously called “unconditional” aspects of the negotiations. This may include the amount of money Iceland has to be pay back, the interest rate, the time tables, or any number of things. But while vague, it still shows a marked change in attitude.
As previously reported, Minister of Finance Steingrímur J. Sigfússon believes negotiations will continue this week. He added that getting all parties to the negotiations table after the referendum has been difficult. In all likelihood, upcoming parliamentary elections in both the UK and Holland also play a part in this.


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