Quote:
Originally Posted by Damien
My understanding is the international consequences of failing to pay back the money will be serious. The government desperately wanted a yes because it was the most rational decision, heaven knows when they had a referendum. Paying back so much money isn't going to be popular.
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Well it'll put a dampener on their EU membership plans as the UK and Netherlands will veto it.
Iceland's president forced the referendum.
http://uk.finance.yahoo.com/news/Ice....html?x=0&.v=1