Iceland guarantees deposits to get loans
Published on: Monday 17 November 2008
nepal — Iceland moved to secure $6 billion in loans to refloat its collapsed financial system as Britain said Monday it would welcome a government promise to guarantee its citizens’ deposits in collapsed internet bank Icesave. The International Monetary Fund agreed last month to lend Iceland $2.1 billion (1.7 billion euros) and help the country raise […]
News source: https://www.sandiegouniontribune.com/2008/11/17/iceland-guarantees-deposits-to-get-loans/
