Another Europe News
Iceland’s ex-PM goes on trial over economic woes
Iceland’s ex-prime minister has gone on trial over the country’s 2008 financial crisis.
A special court will hear claims that Geir Haarde failed in his ministerial responsibility as Iceland’s three main banks collapsed and the economy crumbled. Facing up to two years in jail, he says the case is a politically-motivated farce.
Meanwhile Iceland’s President Olafur Ragnar Grimsson is accusing European countries of bullying Reykjavik over the repayment of debts linked to the fall of its banking sector.
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