Icesave: end of Icesave negotiation
Steingrimur J Sigfusson minister of finance said on tv tonight that the result of the referendum tonight puts an end to further attempts to negotiate on Icesave. Although both the Government of the conservatives and social democrats, in power when the banks collapsed in October 2008, and the present coalition of social democrats and left green, have said that their aim was to resolve Icesave by negotiation the results tonight put an end to that aim.
Plan B is then to go into the Efta Surveillance Authority process where Iceland has absolutely no control over neither the course or events nor the time it takes.
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