Iceland Vote No to Repayment

[Pakistani]

http://www.bbc.co.uk/news/business-13029210

The UK and Dutch governments are preparing court action against Iceland to recover 4bn euros (£3.5bn) lost when the country's bank system collapsed.

It follows a referendum in Iceland which rejected a repayment plan.

The UK said it was "disappointed" by the "no" vote, while the Dutch finance minister said the time for negotiations was "over".

Iceland's Finance Minister Steingrimur Sigfusson said that resolving the row in court would take at least a year.

Do you think they should have to repay for the losses or not?

 

[blazinfasstt]

yes, but it is too little too late, as their economy is already ruined by banks taking enormous loans

 

[Sheba888]

Of course.....they borrowed it they need to pay it back

 

[malakadang]

So, they made a bad investment and now their suing for their lack of judgement?

From what I could gather members of the respective governments public invested a total of 4 billion dollars in the Iceland bank, 'Icesave'. Bank closed, governments bailed out the citizens and now they're suing?

Did anyone force the government to bailout, or the citizens to invest in 'Icesave' or am I missing something?

 

[Palooza]

So, they made a bad investment and now their suing for their lack of judgement?

From what I could gather members of the respective governments public invested a total of 4 billion dollars in the Iceland bank, 'Icesave'. Bank closed, governments bailed out the citizens and now they're suing?

Did anyone force the government to bailout, or the citizens to invest in 'Icesave' or am I missing something?

So from you, if Ireland refuse to pay their bailout back it's ok because our Governments didn't have to help them out they chose to?

 

[kill dank]

Yes they should have to pay. At least people are being civil about it though instead of just going to war and costing innocent people their lives.