Icelandic Minister: No Energy Will Be Sold for Icesave Skip to content

Icelandic Minister: No Energy Will Be Sold for Icesave

The Icelandic Minister of Industry Katrín Júlíusdóttir said it is out of the question for Icelanders to sell their energy to cover the Icesave debt as suggested by British Labour politician Denis MacShane yesterday.

MacShane said in an interview with Rás 2 radio that the Icelandic, Dutch and British governments have to negotiate on Icesave and proposed that Icelanders considered settling their debt by selling energy, reports.

Júlíusdóttir said the matter has not been discussed in the cabinet and that it has not been brought to her ministry as a formal suggestion. The minister emphasized that this idea is simply not an option in this connection.

Click here to read more about Icesave.

(If you want to listen to the interview with MacShane, click on the link that says “Morgunútvarpinu” in the article on

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