No Decision on Continued Icesave Talks Skip to content

No Decision on Continued Icesave Talks

The Icelandic negotiation committee has not met with the British and Dutch committees to discuss the Icesave loan terms since before the national referendum in Iceland on March 6 and no decisions have been made on resuming talks.

“It has proven a little harder to re-launch negotiations than we had hoped and there are certain reasons for that. But it doesn’t help to comment on them much,” Icelandic Finance Minister Steingrímur J. Sigfússon told Morgunbladid.

“It was clear that people wanted to review the situation on both sides after the weekend and some preparations were necessary. However, we are prepared and ready so we are not the ones who are stalling talks,” Sigfússon added.

British and Dutch authorities are reluctant to decide when the next meeting should take place and it hasn’t been decided either whether the Icelandic committee should travel abroad or whether negotiations should be relocated to Iceland.

“While people haven’t been able to agree on the basis or reached a conclusion on how to start over people aren’t wasting time on where that should happen,” Sigfússon said.

“However, we have offered to be hosts and would be very content if the next meeting would be held in Iceland,” the minister added. “But it isn’t a vital issue; the most important thing is to get negotiations started again.”

Click here to read more about Icesave.

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