Bail-out on ice
Landsbanki’s bankruptcy in 2008 made it clear that Iceland’s deposit insurance scheme was unfit to deal with the collapse of one, let alone all three main banks
ARCHIVED
Icelandic economy
Resources
The standoff in Iceland over repaying Britain and the Netherlands almost €4bn lost when an Icelandic bank failed threatens to derail the IMF-led rescue programme and raises questions over the country’s bid to join the EU
More on FT.com
Tchenguiz brothers unite over review
Brothers join forces to file for a judicial review into the conduct of the Serious Fraud Office following raids this year
Auction looms for final piece of food retailing jigsaw
Landsbanki poised to kick off process of selling majority stake in Iceland Foods, with UK’s big supermarkets expected to show interest in chain
Supermarket rivals line up for Iceland sale
Wm Morrison and J Sainsbury are among Britain’s retailers preparing to look over Iceland Foods, if the sale of a majority stake in the frozen food retailer triggers an auction for the entire chain
EU talks hinge on debt resolution, Iceland told
Iceland has been warned it must resolve its dispute with Britain and the Netherlands before joining the EU after voters rejected a deal to repay €4bn owed to the UK and Dutch governments
Legal action looms as Icelanders vote No
Britain and the Netherlands have vowed to take Iceland to court over €4bn lost in the failed Icesave bank after a deal to repay the money was rejected for second time
Related content and features
Video
More FT video
Comment & analysis
Iceland: paying for banks’ losses
Other nations could learn from the small country’s refusal to pay the UK and the Netherlands €4bn for bankers’ mistakes
Icesave redemption
The Icelandic people’s defiance has forced the British and Dutch to relent a little and the country may accept a newly concluded deal to put an end to the dispute over the defunct Landsbanki
Iceland is hotter than you might think
Iceland’s fundamentals are good and there were long-term beneficial effects of the failure of the Icelandic elite, writes John Dizard, who thinks it will soon be the hottest investment property
Iceland’s tribal prosecution
Central banking sometimes requires political leaders not just to temporise but to mislead, writes Christopher Caldwell
Iceland should stand up to shameful bullying
The assertion that depositors in Kaupthing and Landsbanki have a claim on ordinary people who were too prudent to put money there has little justice or legal basis, writes John Kay
Icelanders confused on repayment vote
As Iceland holds a referendum over a €3.9bn debt repayment deal with Britain and the Netherlands, many voters are struggling to decide whether it is even worth the effort to participate
Iceland
In just over two weeks, about 240,000 angry Icelanders are set to decide whether the nation should guarantee repayment of a €3.9bn Icesave loan from the UK and the Netherlands
How Guantánamo could rescue Iceland
Reopening a closed US military base could be an ideal solution to Obama’s problem of where to place the Guantánamo prisoners, writes David Hale
More stories
