Russia and Iceland fail to achieve loan agreement |
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The potential USD 500 million loan from Russia to Iceland will not go ahead, Reuters reports. The Russian finance ministry announced its decision yesterday. The given reason for the rejection is that the Russians are dealing with their own severe economic downturn. Visir.is spoke with an anonymous Icelandic negotiator who said the Icelandic delegation had lost all [...] Original Source: http://www.icenews.is/index.php/2009/10/15/russia-and-iceland-fail-to-achieve-loan-agreement/ Learn more about Russia and Iceland fail to achieve loan agreement |
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