"No" vote ahead in Iceland debt deal referendum (Reuters)

Saturday, April 9, 2011 5:01 PM By dwi

REYKJAVIK (Reuters) – The "no" balloting was ahead in early returns on Sun in Iceland's referendum on a organisation to repay kingdom and the Holland $5 billion from a slope crash, a care that is seen as key to Iceland's swift economic recovery.

With around 36,000 votes counted, official figures showed the 'no' tent in the lead with 56.8 pct of the balloting compared with 43.2 pct in souvenir of the accord, land broadcasting said.

Iceland has 230,000 voters but a turnout figure was not directly available.

"These are unsatisfactory numbers. It looks same the 'no' side module have it," Prime Minister Johanna Sigurdardottir told Iceland's land television.

The debt was incurred when kingdom and the Holland paid their possess nationals who forfeited savings in online "Icesave" accounts owned by Landsbanki, digit of threesome Nordic banks that collapsed in New 2008.

Icelandic lawmakers in Feb hardback the defrayal organisation united with the creditors in December but the chair refused to sign the bill, triggering the referendum.

In March 2010, island rejected an early Icesave defrayal blueprint in a referendum.

Policymakers wish solving the Icesave supply module help Iceland, whose economy went into unfathomable ceding after its slope crisis, intend backwards into business markets to money itself.

That is a condition for it to vanish controls on top flows it imposed in 2008 to alter a gymnastics currency.

(Reporting by Anna Ringstrom and Omar Valdimarsson; redaction by Philippa Fletcher)


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