Iceland announces part of a plan to hammer out a financial package to shore up its troubled banking sector, the countrys largest banks agree to sell off some of their foreign assets and bring them home.
Iceland · Government / Government of Iceland. Chronological records rendered directly from the World History Database.
Iceland announces part of a plan to hammer out a financial package to shore up its troubled banking sector, the countrys largest banks agree to sell off some of their foreign assets and bring them home.
Icelands Prime Minister Geir Haarde has admits he is in a race against time to negotiate a rescue deal for the countrys ailing financial system that could include a merger of some of the nations banks.
The Icelandic Government takes control of Landsbanki, the countrys second largest bank, which owns Icesave in the UK
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