Icelandic Debt Repayment Referendum, 2010
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High Quality Content by WIKIPEDIA articles! The Icelandic Debt Repayment Referendum, 2010 was held in Iceland on 6 March 2010. The referendum was resoundingly defeated, with 93% voting against. The referendum was held to approve the terms of a state guarantee on the debts of the Depositors' and Investors' Guarantee Fund in particular a 3.8 billion loan ( 11,964 per person) from the governments of the United Kingdom and the Netherlands to cover deposit insurance obligations in those countries. The referendum was held under article 26 of the Icelandic Constitution after President Ólafur Ragnar ...
High Quality Content by WIKIPEDIA articles! The Icelandic Debt Repayment Referendum, 2010 was held in Iceland on 6 March 2010. The referendum was resoundingly defeated, with 93% voting against. The referendum was held to approve the terms of a state guarantee on the debts of the Depositors' and Investors' Guarantee Fund in particular a 3.8 billion loan ( 11,964 per person) from the governments of the United Kingdom and the Netherlands to cover deposit insurance obligations in those countries. The referendum was held under article 26 of the Icelandic Constitution after President Ólafur Ragnar Grímsson refused to counter- sign the corresponding Act of Parliament (known as the second Icesave bill) into law on 5 January 2010.
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