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Tuesday, February 14th, 2012

Posts Tagged ‘ Danske Bank ’

Iceland Gets $11 Billion Bailout

Nov 21st, 2008 | By Jason Simpkins | Category: Financial News

Iceland today (Thursday) secured nearly $11 billion in loans from the International Monetary Fund (IMF) and other nations. The bailout will help the island nation stabilize its currency and recapitalize its banks, but it will also saddle its tiny population with a huge debt burden.