Author (Person) | Ward, Andrew |
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Series Title | Financial Times |
Series Details | 20.7.09 |
Publication Date | 20/07/2009 |
Content Type | News |
Article reports that Iceland announced 20 July 2009 a €1.5bn recapitalisation of its banking sector and unveil a deal to hand control of two of the country's healthy new banks to foreign creditors. The steps mark an important milestone in efforts to rebuild Iceland's shattered banks and reintegrate the north Atlantic island nation into the international financial system. |
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Countries / Regions | Iceland |