Quote:
Originally Posted by martyh
I honestly don't know Maggie ,i see no reason for a government to hold a referendum on such a simple matter as repaying a loan .It may be that the government was trying to appease the electorate and it backfired
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The amount in question wasn't a loan was it? In any event it represents an awful lot of money for a country of only 300,000 people - IIRC about half their entire GDP. The strong desire of some powerful politicians there to join the EU might also account for the Icelandic people being given a 'second opportunity' to say yes.....