Iceland Reaches Agreement with IMF

Iceland has reached an agreement with the International Monetary Fund (IMF) on a comprehensive economic stabilization program including a USD 2 billion loan from the fund, as announced by the Icelandic government this afternoon.

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Norwegian Delegation in Iceland

A delegation of Norwegian government officials, headed by deputy secretary Martin Skancke of Norway’s Finance Ministry, is currently in Iceland to discuss the economic crisis with representatives of the Icelandic government.

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