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Financial crisis: Iceland Takes Control of Landsbanki (07.10.2008) je 12

Michael BärOctober 7, 2008

And the Russian finance ministry is denying reports the country had extended 4 billion euros in credit to Iceland to shore up that country's foreign exchange reserves. This after Iceland's prime minister said the government was working to save the country's banking system. On Monday, the Parliament voted for sweeping powers over banks in an effort to contain the financial crisis.

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