Boost for Iceland as IMF agrees to resume lending

Article reports that Iceland has won a breakthrough in April 2010 in efforts to revive support from the International Monetary Fund. The IMF said on the 9 April 2010 that it had reached agreement with Reykjavik on a second review of the fund's rescue plan for Iceland and would seek the go-ahead from its executive board to release the next €118m round of loans.

ESO: Background information: Iceland warns EU over Icesave row http://www.europeansources.info/record/iceland-warns-eu-over-icesave-row/

IMF: Country Info: Iceland and the IMF http://www.imf.org/external/country/ISL/index.htm

IMF: Press Release, 9.4.10: IMF Statement on Iceland http://www.imf.org/external/np/sec/pr/2010/pr10139.htm

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