Iceland Planning Financial Rescue Plan Soon
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According to reports from Bloomberg, Iceland Economic Adviser Tryggvi Herbertsson said the government will announces a plan to inject liquidity into the financial system "very soon."
The krona fell 12% against the euro this week after a series of ratings downgrades after the government bailed out number three lender, Glitnir Bank.
The krona fell 12% against the euro this week after a series of ratings downgrades after the government bailed out number three lender, Glitnir Bank.
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