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Fri 03 Mar 2010Iceland defiant as experts warn of effects of No vote
CONFUSION REIGNED in Reykjavik yesterday as voters prepared to spurn a controversial compensation deal for British and Dutch investors and the Icelandic government scrambled for a formula that would allow it to cancel tomorrow’s planned referendum.
The vote was triggered against the government’s wishes when President Ólafur Grímsson refused to sign a law detailing a package to reimburse investors in the failed Icesave online savings bank.
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