News Tag: Icelandic banks
October 13, 2008
Iceland had a disastrous week last week after the nationalisation of the country’s three largest banks. On Thursday, it announced that trading had been suspended on the OMX Nordic Exchange in a bid to prevent further crises.
It was expected that the stock exchange would reopen today but it remains closed due to ‘unusual market conditions‘.
Meanwhile, talks between Britain and Iceland ...
Iceland stock exchange remains closed
by Kay Murchie
