Voter in Iceland
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'No vote' appears ahead in Iceland referendum

Early returns in Iceland's referendum on a plan to repay Britain and the Netherlands $5bn from a bank crash, indicate that the "no" vote is ahead.

The prime minister said the numbers were disappointing. The British and Dutch governments have threatened to block Iceland's entry to the EU unless the issue is resolved.

Jonas Margeir Ingolfsson, a reporter for Iceland's Channel 2 in Reykjavik, said explained what this meant for Iceland's economy.

  • 10 Apr 2011