Sigrún Davíðsdóttir's Icelog

So far, no clear news of the meeting with Winding-up Boards today but it now seems clear that the meeting today was only an informative meeting for the foreign advisers to hear the opinions of the Winding-up Boards on the relevant issues. In the words of a source advising creditors it was a “non-meeting.”

In an interview with Rúv Lee Buchheit, adviser to the Icelandic government on capital controls, said the preparatory work was hopefully about to end. Being this far into preparing a plan he said it was right to hear the opinions of the Winding-up Boards before the advisers would refine their plan and make recommendations to the steering committee. It was perfectly feasible to do something early next year, according to Buchheit.

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