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Sunday, March 07, 2010

Icelandic Voters Say 'No' to Neoliberal Debt Payback Deal


Partial results from a referendum in Iceland suggest voters have given a resounding "no" to a deal in which Iceland would have paid Britain and the Netherlands billions of euros.

This would have been to cover the compensation the two countries paid to their citizens who lost money due to the collapse of the Icesave bank.

However, with nearly a third of the votes counted, more than 90 percent of Icelandic voters have rejected the deal.'

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