Icesave Verdict

Posted 28/01/2013 - 12:03 by anrigaut

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2013-01-28 (All day)

Iceland has won both its cases in the Icesave trial. The EFTA Court ruling on Icesave rejected all claims by the EFTA Surveillance Authority (ESA) that Iceland should be declared in breach of the EEA Agreement.

According to a statement on the verdict from the Icelandic Ministry for Foreign Affairs, the Court rejected the claim that Iceland had breached the Deposit Guarantee Directive and had discriminated against depositors contrary to EEA law. ...

See also Sigrun's blog, with the Court's press release, here: http://uti.is/2013/01/iceland-the-winner-in-the-esa-case-at-the-efta-court/

and statement by the Icelandic Ministry for Foreign Affairs here: http://www.mfa.is/news-and-publications/nr/7515