Posts tagged as:

Russian loan

Russia is our new best friend, redux

July 19, 2009

One piece of news that went largely unnoticed in all the hoopla surrounding the EU accession talks last week was the one about Russia having approved a USD 500 million loan to Iceland. As some of you may recall, talk of a Russian loan first surfaced last year, just as our financial system was beginning [...]

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As the Russians come riding on their white steed

October 7, 2008

Our Prime Minister is holding a press conference as I type this, has just done so in Icelandic and is at the moment speaking to the foreign journalists that are here in Niceland monitoring the situation. Things have happened swiftly this morning, as in previous days. The legislation introduced in parliament yesterday was passed last [...]

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