Saturday

1st Oct 2016

Ticker

Iceland PM predicts UK and Netherlands will lose new lawsuit

Iceland PM Gunnlaugsson told the FT the British and Dutch governments will lose their new €6bn lawsuit against his country's depositors' guarantee fund, the TIF, over losses from the 2008 collapse of Landsbanki. "The country is in the clear," he said. The pair lost a previous case against Iceland's government.

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