Emerging steps do little for Icelandic confidence
As the anniversary of the collapse approaches and Iceland formally pursues EU membership, it is important to gauge the reaction of international investors now that the Icelandic Government has unveiled its plan to re-capitalise Kaupthing, Landsbanki and Glitnir.
Three-quarters of financial institutions with stakes in Iceland believe the country has failed to comply with laws by making retroactive changes to its legislation. Joseph Tirado, Tomas Gardfors and Matthew Knowles report
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