Iceland Faces EU Pressure on Icesave, Fishing as Talks Start
This article is for subscribers only.
Iceland will come under pressure to resolve the dispute over Icesave accounts and overhaul its fishing policies in talks to join the European Union that are scheduled to start next week, a draft EU document showed.
Negotiations are slated to begin on July 27 as Britain and the Netherlands seek compensation for losses of as much as $5.1 billion suffered by their investors in the 2008 collapse of Landsbanki Islands hf, which offered the high-yielding Icesave Internet accounts.