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- European sovereign debt fears mount while short sellers continue to bet against Ireland
With current debt burdens at near war-time levels “from Dubai to Iceland, Ireland, Greece, Hungary, Italy, Portugal, Spain, Japan, France, the UK and the USA”, as Willem Buiter warned, 2010 may be the year when sovereign financial concerns hit
- Iceland PM in EU talks on Icesave
Iceland's PM is to meet EU officials in Brussels to discuss how to break the impasse over a planned payout to the UK and Netherlands.
- Both parties signed GSA agreement for Poland
AVIAREPS will act as sales and marketing representative for Iceland Express in Poland. From its subsidiary in Warsaw, headed by Marek Slawatyniec, the worlds leading expert in aviation and tourism management will handle all ticketing, sales and marketing
- Norway: count us out
THE Norwegian government said it would not mediate on behalf of Iceland over the $5 billion (3.6 billion euros) owed to Britain and Holland following the collapse of its banking system. Reykjavik approached several government to mediate in the issue, but
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