Iceland's biggest bank received an emergency loan from Sweden and Britain guaranteed deposits in an Icelandic bank's online unit .
This comes after a billion dollar loan from Russia to the Iceland to prevent national bankruptcy.
Due to the huge financiel troubles Iceland is in, these helping hands were more then welcome.
This also prevents the effects that a full-blown collapse would have on the rest of Europe, given the heavy investment by Icelandic banks and companies across the continent.
Gilles Bergez
1 opmerking:
OK, coherent - but too many errors!
HAS received + guaranteed
the Iceland?
financiAl
thAn
This also prevents... --> They ... (the helping hands)
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