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Iceland Votes 'No' to Debt Deal

Monday, 8 Mar 2010 | 2:40 AM ET

Iceland's referendum results showed the country rejected a $5.3 billion plan to repay the UK and Netherlands for swaps spawned by the collapse of Icesave. "The UK and the Netherlands have an interest in seeing Iceland prosper without help from the IMF," Daniel Gros, director at Centre for European Policy Studies, said Monday.