October 8, 2008 / 4:42 PM / 9 years ago

Iceland PM-Russia loan talks to start on Tuesday

1 Min Read

REYKJAVIK, Oct 8 (Reuters) - Iceland's prime minister said on Wednesday negotiations on a loan from Russia would start next Tuesday.

Iceland said on Tuesday it was seeking a loan of around 4 billion euros ($5.44 billion) from Russia to help it bolster its foreign exchange reserves as it faces a crisis threatening to overwhelm the island nation.

"Negotiations will start next Tuesday," Prime Minister Geir Haarde told a news conference.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below