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Leader says Iceland needs $6 billion to recover

Leader says Iceland needs $6 billion to recover

Iceland's prime minister says his country needs about $6 billion in loans to recover from its financial crisis.
Geir Haarde told The Associated Press on Tuesday that Iceland will need $4 billion in addition to the $2 billion loan package announced by the International Monetary Fund.
Iceland's banking system has collapsed amid the global credit crunch.


Updated : 2021-06-15 09:21 GMT+08:00