Iceland rejects debt bill to repay UK, Netherlands

http://www.nma.tv/
Britain and the Netherlands will take Iceland to court after Icelandic voters rejected a plan to repay the money the two countries say Iceland is obligated to repay following the collapse of Icesave. British and Dutch savers lost around 5 billion euros in savings when Icesave's owner Landsbanki collapsed in late 2008 during the global financial crisis. Britain and the Netherlands compensated savers and are now looking to Iceland for repayment of the money.
http://www.nma.tv/iceland-referendum-upsets-uk-netherlands/

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• Iceland
• bankrupt
• debt
• bill
• deal
• UK
• Netherlands
• Britain
• Dutch
• Icesave
• bank
• banking
• IMF
• financial crisis
• Landsbanki
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[halldojo]

Savers have already been paid to 100.000 euro, so saying the savers lost this amount is not entirely correct, Landsbankinn had full insurance in Holland and Britain as it did in Iceland, the depositor insurance scheme of these 3 countries along with the old Landsbankinn properties should pay for these losses, not the Icelandic public, this is what it is all about, the Icelandic public was refusing a state guarantee on this debt and its interests.

[ThorkellGudna]

The whole population of Iceland supports repayment of these Icesave deposits!! We just refuse to accept, that the Icelandic State Treasury guarantees deposits in a foreign brance of a privately owned bank.

Repayment of this money will, in the coming months, be covered by the assets of the fallen Landsbanki. We urge the British and Dutch authorities to go after the white-nosed bankrobbers. Maybe the Dutch nation is responsible for selling Narcotics which cause people to loose their minds?

[backbeyond]

I'm from Icelanddd :D WEEEE :D

I love iceland and uhhh hahahaha i say NO To pay this sh*t :)

[darkmetaly]

very funny

[jayc342009]

@reykjavik79 wow i'm so offended mate, lol?

[reykjavik79]

@jayc342009

UK cant rip a wet paper bag., -enjoy being raped by sandmonkey's every day, you deserve that while gulping down your pathetic tea n' cawk. :)

[jayc342009]

@reykjavik79 LOL I can't wait till the UK rips iceland apart.

[reykjavik79]

Dear Holland and UK,

How are things ?

regards,

Iceland

[PositiveMoneyUK]

Our monetary system is based on credit or debt, and without constantly continuing issuance of debt, the whole thing falls apart. Our system of ‘fractional reserve banking’ gives commercial banks a licence to literally create money out of thin air – and then charge interest on the money they created. Fractional reserve banking is the cause of spiralling debt.

The biggest public campaign has started to abolish fractional reserve system. Visit POSITIVE MONEY website and support the campaign.

[PeterTattersall46]

I am from the UK, if you pay back one penny of this debt you are fools.

[kingwaldo100]

Dont pay the debt, The UK are foul liars and crooks. This money will pay for the elite's wages and prop up their pension funds and bonuses. Our financial hub is all false mortgages, loans and credir cards, that are not protected or backed by anything for the last 10 years. Spend it on your families and dont pay the money. The elite are all rapists and treat the public like pheasants. A CORRUPT COUNTRY THAT HAVE LIED ON THE WORLD PLATFORM.

[kaa3164]

@lodevijk

The greedy bastards actually can but they hide their possessions and protect their shares.