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Iceland reopens talks with UK, Dutch on dispute
Saudi Press Agency Published in Saudi Press Agency on 02 - 07 - 2010

Iceland's Ministry of Finance said that representatives from the Nordic country have reopened talks with the British and Dutch governments over the settlement of a ¤3.8 billion (US$4.8 billion) banking dispute, according to AP.
The ministry says the delegates met Thursday and Friday in the Icelandic capital of Reykjavik. It was the first time the three sides have met since March, when talks collapsed after Icelandic voters rejected a deal to repay Britain and the Netherland as compensation to their citizens with accounts in a collapsed Icelandic bank.
The lengthy delay in resolving the so-called Icesave dispute has become a stumbling block for Iceland's bid to join the European Union.
EU leaders said last month Iceland's entry hinges on the dispute's resolution.

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