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| Version 1 | Version 2 |
|---|---|
| Iceland to vote on Icesave plan | Iceland to vote on Icesave plan |
| (about 4 hours later) | |
| Iceland is to hold its first referendum in history on plans to repay debts owed to the UK and the Netherlands in the wake of Icesave bank's collapse. | |
| The British and Dutch governments want reimbursement for the 3.8bn euros (£3.4bn; $5.2bn) they paid out in compensation to customers in 2008. | The British and Dutch governments want reimbursement for the 3.8bn euros (£3.4bn; $5.2bn) they paid out in compensation to customers in 2008. |
| Talks between the three countries broke down on Friday without agreement. | Talks between the three countries broke down on Friday without agreement. |
| Iceland's PM is urging voters to shun the "meaningless" referendum, called after the president blocked repayment. | Iceland's PM is urging voters to shun the "meaningless" referendum, called after the president blocked repayment. |
| Apology | Apology |
| The Icelandic government had hoped to avoid the vote by agreeing a new repayment plan before the weekend. | The Icelandic government had hoped to avoid the vote by agreeing a new repayment plan before the weekend. |
| Iceland's Prime Minister Johanna Sigurdardottir is calling for further talks to take place. | Iceland's Prime Minister Johanna Sigurdardottir is calling for further talks to take place. |
| Polls indicate that the majority of voters will reject the referendum. | |
| A "no" vote could put billions of dollars of loans from the International Monetary Fund and other countries at risk. | A "no" vote could put billions of dollars of loans from the International Monetary Fund and other countries at risk. |
| Britain and the Netherlands want the money as repayment for bailing out customers in the Icesave online bank, which folded in 2008 due to the global financial meltdown. | Britain and the Netherlands want the money as repayment for bailing out customers in the Icesave online bank, which folded in 2008 due to the global financial meltdown. |
| Many Icelanders believe the plan should be rejected because they feel they are being penalised for the mistakes of the banking industry. | Many Icelanders believe the plan should be rejected because they feel they are being penalised for the mistakes of the banking industry. |
| There is also anger against the UK for using anti-terrorist legislation to freeze Icesave assets in the country. | There is also anger against the UK for using anti-terrorist legislation to freeze Icesave assets in the country. |
| Johanna Sigurdardottir told the BBC that Britain should officially apologise for its actions. | Johanna Sigurdardottir told the BBC that Britain should officially apologise for its actions. |
| The Reykjavik government approved the repayment plan last December but it was blocked by Iceland's President Olaf Ragnar Grimsson in January, which has led to the referendum being called. | The Reykjavik government approved the repayment plan last December but it was blocked by Iceland's President Olaf Ragnar Grimsson in January, which has led to the referendum being called. |
| Are you in Iceland? Will you be voting in the referendum? Send us your comments using the form below. | |
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