By Gudjon Helgason
REYKJAVIK, Iceland — Voters in Iceland rejected a government-backed deal to repay Britain and the Netherlands for their citizens’ $5 billion worth of deposits in a failed online bank, referendum results showed Sunday – sending the dispute to an international court and plunging the economically fragile country into new uncertainty.
Final results showed the “no” side had just under 60 percent of the votes and the “yes” side about 40 percent
The result reflects Icelanders’ anger at having to pay for the excesses of their bankers, and complicates the country’s recovery from economic meltdown
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UK4Net News (10 April 11)
