Iceland's bailout draws nearer
China Daily | Updated: 2008-11-18 08:06
|
A pedestrian passes a branch of Landsbanki Islands hf in Reykjavik, Iceland. Bloomberg News |
A $6 billion International Monetary Fund-led loan package to bail out Iceland's economy could be ready to sign as soon as Nov 19 after the country reached an accord with EU countries, according to Prime Minister Geir Haarde.
Photo
