Icelandic voters say "no" to neoliberal debt payback deal

Partial results from a referendum in Iceland suggest voters have given a resounding "no" to a deal in which Iceland would have paid Britain and the Netherlands billions of euros.

This would have been to cover the compensation the two countries paid to their citizens who lost money due to the collapse of the Icesave bank.

However, with nearly a third of the votes counted, more than 90 percent of Icelandic voters have rejected the deal.

The British and Dutch governments want reimbursement of $5.2 billion they paid in compensation to customers after the failure of Icesave bank, which folded in 2008.

Talks between the three countries broke down on Friday before an agreement could be reached.

Source: PressTV.
Link: http://www.presstv.ir/detail.aspx?id=120231§ionid=351020606.