Sunday, December 01, 2013

Iceland thumbs nose at international opposition to advance $1.2 billion debt relief plan — RT News

Iceland thumbs nose at international opposition to advance $1.2 billion debt relief plan — RT News:
 Iceland’s government has announced that it will be writing off up to 24,000 euros ($32,600) of every household’s mortgage, fulfilling its election promise, despite overwhelming criticism from international financial institutions...