Lessons from the Icesave rejection
April 27, 2011
Icelanders have voted against providing a government guarantee for claims made by the UK and the Dutch governments against Iceland's deposit insurance fund. This column argues that the heated debates surrounding the referendum may provide a glimpse into the challenges that lie ahead for European policymakers as they attempt to allocate losses suffered by banks between the taxpayers of different countries.
Published on VoxEU.org
Models and riskBloggs and appendices on risk, models, regulations, cryptocurrencies and related topics
© All rights reserved, Jon Danielsson,