7. January 2010
President's decision for general referendum
On January 5th, the President of Iceland decided to refer to a general referendum an amendment of the laws authorizing a state guarantee for the repayment of loans from the Governments of the United Kingdom and the Netherlands to the Depositors’ and Investors’ Guarantee Fund of Iceland. The content and consequences of this decision have in some cases been misinterpreted in the international press. The Ministry of Industry therefore wants to highlight the following facts.
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