Iceland Wrangling Over Debt Repayments

Wednesday, January 06, 2010

Iceland’s president, Olafur Grimsson, is refusing to sign a bill committing Iceland to pay back $5 billion dollars in loans owed to the governments of the U.K. and the Netherlands. We spoke with Gylfi Magnusson, Minister of Economic Affairs for Iceland, about the country's next steps and its relationship with the IMF.


Gylfi Magnusson

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