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European regulatory officials have said that Iceland violated EU regulations amid its 2008 banking collapse. The European Free Trade Association’s Surveillance Authority said in a Luxembourg courtroom that Iceland did not follow protocol ....
The Icesave dispute – In Defence of Iceland | IceNews icenews.is - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icenews.is Daily Mail and Mail on Sunday newspapers.
” It is easy to be negative about Ireland because it the economy there has been on a disaster road for 6 years. You do not know your stuff about Ireland apart from some superficial overview. Being stuck in the Euro zone meant that Ireland could not take corrective measures re their currency over the past years which they say would have curtailed some of the serious reasons why they got into their mess. Being in the Euro zone did not help Ireland one bit while it slid down that de-regulated path to where it is now and high wages, high costs, piss poor infrastructure is a big reasons why multinational companies are flooding out lately. ....
Axel “We will use the application process to make sure that Iceland meets its obligations because we want that money back,” Cameron said. ” just another nail in the EU coffin. Cameron should cooperate with Iceland in retrieving the missing money, the first place to look would be British tax havens. Peter - London/Krakow ” In a statement on last week’s European Council meeting, Cameron said “this country should be a good friend to Iceland and a strong supporter of continued EU enlargement.” “But Iceland does owe the United Kingdom GBP2.3 billion…We will use the application process to make sure that Iceland meets its obligations because we want that money back,” Cameron said. ” ....