Icesave deal to be put to second vote

Iceland's President Olafur Grimsson called a referendum in February 2011 on a revised plan to repay the UK and Netherlands the €4bn they lost when the Icesave bank collapsed in 2008.

London and The Hague have been battling since to recover the money from Reykjavik in the face of opposition from many Icelanders who object to paying for foreign deposits lost in a private bank.

Mediapart, 8.4.11: A gentle cure for the crisis (via PressEurop) http://www.presseurop.eu/en/content/article/590821-gentle-cure-crisis

ESO: Background information: Iceland’s parliament backs new Icesave deal http://www.europeansources.info/record/icelands-parliament-backs-new-icesave-deal/

France24, 24.2.11: President's veto of Icesave repayments bill sparks outrage http://www.france24.com/en/20110224-presidents-veto-icesave-bill-grimsson-iceland-britain-dutch-moodys-referendum

EUObserver, 21.2.11: Iceland's president triggers second referendum on Icesave deal http://euobserver.com/9/31841

BBC News, 20.2.11: Iceland president calls referendum on new Icesave deal http://www.bbc.co.uk/news/world-europe-12519355

EUObserver, 7.4.11: EU encourages Icesave 'resolution' ahead of referendum http://euobserver.com/9/32137

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