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Iceland ready for Icesave talks

Iceland's finance minister said the government was ready to resume talks with Britain and the Netherlands on Icesave without preconditions and expressed hope a deal could be reached in “not too many weeks.” Earlier this month, Icelanders overwhelmingly rejected the terms of a deal to repay Britain and the Netherlands more than $5bn (£3.3bn) lost by foreign savers in Iceland’s banking collapse. The spat has held up aid for Iceland’s stricken economy. “We are ready to resume talks without preconditions. We are happy to sit down,” finance minister Steingrimur Sigfusson said. “We are not at the point yet where we have been able to decide on formal negotiating meetings. But we keep in contact,” he added.