Iceland PM asks public not to take out lots of cash

REYKJAVIK, Oct 9 (Reuters) - Iceland’s prime minister asked the country’s savers on Thursday not to withdraw large amounts of money from the banking system.

Prime Minister Geir Haarde said in a news conference that such a move would make the country’s situation more difficult.

“I want to emphasise ... that people remain calm and understand that the transaction system is fully functioning and depostits are safe,” Haarde said.

“I also ask the public not to withdraw large sums of money from the banks. It will make things more difficult.”

Haarde also said he had spoken to British Chancellor Alistair Darling, who had assured him that transactions between the two countries would return to normal.