- Joined
- Dec 22, 2003
- Messages
- 12,481
It's also still an ongoing row. Not a particularly great overview but there seems to be little else that's tracking the issue: http://en.wikipedia.org/wiki/Icesave_disputeErm, because the Icelanders refused to support the banks based in their country who guaranteed the deposits of people in countries right across the EU. So in the UK, the government stepped in and repaid those debts. Iceland then told the UK to go fuck itself.
Basically, Iceland took other people's money, and when things went bad they retracted the drawbridge and put French accents on. Also, elderberries.