You are here

Iceland to levy a 'stability tax' on failed banks

Tuesday, April 14, 2015 - 05:50

Reykjavik

ICELAND is planning to move forward with removing capital controls and imposing a "stability tax" on the estates of its failed banks as early as June, Prime Minister Sigmundur David Gunnlaugsson said on Saturday.

Creditors that lost much of their investments when

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom