Iceland to Reply to ESA’s Icesave Letter in a Few Weeks Skip to content

Iceland to Reply to ESA’s Icesave Letter in a Few Weeks

arnipallarnason-radhIcelandic Minister for Economic Affairs Árni Páll Árnason is planning to reply to the letter from EFTA Surveillance Authority (ESA), a reminder that Iceland is obligated to cover the Icesave debt, in the next two to three weeks.

The government is currently working on a draft. The letter must be well thought through and include solid arguments to ensure that Iceland will have the best possible defense in court, the minister told RÚV.

“It is also important that the points of view of those who opposed the [Icesave] agreements are reflected sufficiently in the letter,” Árnason added.

“We will seek cooperation with representatives of different opinions to ensure that opposing views are reflected and that care is taken to ensure Iceland’s best arguments are mentioned and used in the plea—that is very important,” he stressed.

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