Economic

UK to sue Iceland over lost billions, official says

“An increasingly bitter dispute between the United Kingdom and Iceland over billions of dollars lost when banks collapsed is likely to end up in court, a top British government minister said Sunday.

The British government has ‘an obligation to get that money back, and we will continue to pursue that until we do,’ said Danny Alexander, the chief secretary of the Treasury.”

Source: UK to sue Iceland over lost billions, official says – CNN.com

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