Iceland secures €200m from Norway, Denmark - by Angela Jameson and Steve Hawkes
Iceland secured €200million (£156million) from Norway and Denmark yesterday as it sought help to stablise its stricken economy, but talks to secure a far larger loan from Russia continued. It also emerged yesterday that the country, which has been forced to nationalise its banking sector, is only one of several asking the International Monetary Fund (IMF) for financial assistance. According to reports, Hungary, Ukraine and Serbia have signalled that they need help, too.
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