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Wed 10 Oct 2008Iceland turns to Russia for €4bn loan
SEEKING CREDIT:ICELAND HAS expressed disappointment that western allies have failed to provide support to help ease the country's financial crisis, forcing it to turn to Russia for a €4 billion loan.
"We have not received the kind of support that we were requesting from our friends," said prime minister Geir Haarde. "So in a situation like that, one has to look for new friends."
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