ESA Agrees to Wait with Icesave Court Decision Skip to content

ESA Agrees to Wait with Icesave Court Decision

icesave-logoThe EFTA Surveillance Authority (ESA) has agreed with the reasoning of the Icelandic government that it is right to wait for documents on the bankruptcy estate of Landsbanki before making a decision on whether the Icesave dispute should be taken to court.

Minister of Economic Affairs Árni Páll Árnason met the high command of the ESA in early September; Icelandic authorities were to respond to the ESA’s last letter on Icesave by September 10, Fréttabladid reports.

Árnason said the ESA requested statistics which are now being worked on in his ministry. They will be delivered to the ESA before the end of this month. “I believe the latest news on the reclamation from the bank’s estate has substantial impact on this case,” the minister said.

Click here to read more about Icesave and here to read more about Landsbanki.


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