Permanent historical factsheet

Credit Crunch

Iceland · Government / Government of Iceland. Chronological records rendered directly from the World History Database.

3Records
2008Date range
1Named people
0Places

Chronological records

2008

Geir Haarde6 October 2008

Government / Government of Iceland

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.

Geir Haarde6 October 2008

Government / Government of Iceland

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.

Geir Haarde7 October 2008

Government / Government of Iceland

The Icelandic Government takes control of Landsbanki, the countrys second largest bank, which owns Icesave in the UK

Names involved

Geir Haarde

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.