Iceland’s prime minister has hit out against the International Monetary Fund and the British and Dutch governments for holding up recovery efforts a year after the country’s banking sector collapsed.
Jóhanna Sigurdardóttir, the prime minister, said that it was “not acceptable” that the IMF had delayed a review for months. This review is needed before Iceland can access more of its $5.1bn (£3.2bn) international rescue package.
She also renewed criticism of Gordon Brown, the UK prime minister, for his decision a year ago this week to use anti-terror laws to freeze Icelandic assets – a move that deepened Iceland’s crisis and damaged relations between the Nato allies.
“To stamp a friend and a long-time ally as a terrorist is an act we will hardly forget,” she told the Financial Times. “It hurts.”
Iceland remains locked in a dispute with Britain and the Netherlands over compensation for nearly €4bn (£3.67bn) of money lost by depositors in Reykjavik-based “Icesave” accounts.
Tuesday, October 6, 2009
Iceland criticises IMF, UK and Dutch
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