Iceland's debt talks slow, onus on 'cosy' creditors: PM

Posted 30/10/2013 - 19:33 by anrigaut

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2013-10-30 (All day)

Iceland's negotiations with the creditors of its failed banks are going much slower than expected and it could still take years before a deal is struck and capital controls can be lifted, Prime Minister Sigmundur Gunnlaugsson said.

Showing his frustration at the intractable nature of talks that are now "hindering investment and growth", he told Reuters "creditors in Iceland have been kept warm in a cosy situation". ...