Iceland FM: 'We Don't Force Our People To Bailout Banks'

Oct 23, 2012 at 12:49 PM
DailyBail in Bank Bailouts, Euro Crisis, Europe, bailouts, bank bailout, bank bondholders, banks, banks, iceland, iceland, video

'Unlike the U.S. and EU, we forced bank bondholders to take losses.'

Start watching at the 3-minute mark.  Recorded yesterday.

Iceland's Foreign Minister Ossur Skarphedinsson tells RT's Marina Portnaya how his country managed to pull itself away from the financial abyss - and offers up a few pointers as to how the Eurozone can do the same.

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).