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View Full Version : Iceland Court Says Foreign-Currency Linked Company Loans Illegal - Bloomberg



NewsWhore
06-09-2011, 02:30 PM
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Iceland Court Says Foreign-Currency Linked Company Loans Illegal (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGepxNQ3KzyBfsOdBpSLw9aSRZ6cA&url=http://www.bloomberg.com/news/2011-06-09/iceland-court-says-foreign-currency-linked-company-loans-illegal.html)
Bloomberg
The north Atlantic island&#39;s top court ruled in June 2010 that consumer loans in kronur, linked to the value of foreign currency, were illegal. To contact the reporter on this story: Omar R. Valdimarsson in Reykjavik valdimarsson@bloomberg.net.

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