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Europe Daily Bulletin No. 10050

7 January 2010
THE DAY IN POLITICS / (eu) eu/iceland
Referendum on “Icesave law” will probably be on 20 February and will prove decisive for EU accession process

Brussels, 06/01/2010 (Agence Europe) - The refusal by the Icelandic president, Olafur Ragnar Grimsson, to promulgate a law that had already been voted on by the Icelandic parliament on repaying almost €4bn to the United Kingdom and the Netherlands, following the bankruptcy of the Icesave bank, and to organise a referendum on the question (very likely on 20 February) risks blocking Iceland's EU accession process. It appears out of the question that London or The Hague will agree to allow...

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