ICELAND (WikiNews)| A referendum was held to approve or reject the terms of a state guarantee on the debts of the Depositors' and Investors' Guarantee Fund (Tryggingarsjóður innstæðueigenda og fjárfesta), in particular a €3.8 billion loan from the governments of the United Kingdom and the Netherlands to cover deposit insurance obligations in those countries.The referendum was held under article 26 of the Icelandic Constitution after President Ólafur Ragnar Grímsson refused to counter-sign the corresponding Act of Parliament (known as the second Icesave bill) into law on 5 January 2010.
Official Results:
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