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Iceland agrees deal with UK over Icesave
ICELAND has reached a deal with the British and Dutch governments to reimburse them for compensating savers who lost money in the collapse of Icesave bank, the Icelandic government said yesterday.
“An understanding has been reached with the UK and the Netherlands,” a statement from Prime Minister Johanna Sigurdardottir’s office said.
Iceland’s parliament approved in August a controversial deal to pay back 3.8 bn euros (£3.5bn) to the British and Dutch governments for the compensation they paid to savers from the UK and the Netherlands.