Wednesday 12 December 2018

Icesave deal passed

ICELAND'S parliament has voted for a third and last time to approve a new deal reached with Britain and the Netherlands to repay money lost in the collapse of the Icesave bank.

The parliament passed the new Icesave bill with 44 votes in favour, 16 opposed and three members of the 63-seat house abstaining. The deal still needs to be approved by President Olafur Grimsson.

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