April 10, 2011 / 9:28 AM / 8 years ago

Dutch FinMin disappointed with Iceland debt vote

AMSTERDAM, April 10 (Reuters) - Dutch Finance Minister Jan Kees de Jager said on Sunday he was very disappointed that Icelanders had rejected an “Icesave” debt deal, and said it was now up to the courts to decide.

In a referendum on Saturday, Icelanders rejected for a second time a plan to repay $5 billion to Britain and the Netherlands in debts from a bank crash. [nLDE73900H]

“I am very disappointed that the Icesave agreement did not get through. This is not good for Iceland, nor for the Netherlands. The time for negotiations is over. Iceland remains obliged to repay. The issue is now for the courts to decide,” de Jager said in a statement.

He added that the Netherlands will consult with Britain about taking further steps. (Reporting by Sara Webb; Editing by David Stamp)

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