Icesave cash clash
Dutch foreign minister Maxime Verhagen “taps Iceland for Icesave payouts”, headlines the NRC Handelsblad. The Dutch evening paper reports that Iceland’s parliament might reject the deal its government made last month with The Netherlands and the UK: Reykjavik would have to repay over €4 billion, the amount Amsterdam and London disbursed to customers of online bank Icesave during the crisis – plus interest. The deal is controversial in Iceland.
“This could not have come at a worse time,” observes NRC, seeing as on 16 July the selfsame parliament voted in favour of EU accession talks. “So this country is liable to be a doubtful partner,” opines the Dutch paper. “No wonder Verhagen gave his opposite number Skarphedisson to understand, in not very diplomatic terms, that Iceland’s accession is out of the question if it fails to respect its financial obligations.”
In a time of crisis with high unemployment, young Lithuanians are following in the footsteps of their emigrant ancestors. Tens of thousands have left the country in search of a better life, mainly in the British Isles and Scandinavia. The weekly Veidas reports:
The new Eurogroup meeting on February 9 is not enough to banish the spectre of a Greek bankruptcy. While Athens may largely be responsible for the crisis, the EU and its partners are not blameless themselves. La Stampa argues that their confused messages and the absence of any strategy have transformed a resolvable problem into an explosive chaos.
Two camps, two theories, and two visions of France: 18 years after the massacre of 800,000 Tutsis, the precise role played by Paris is still the subject of heated debate, fueled by the findings of successive criminal investigations.