Iceland President Accuses England, Holland of Financial “Bullying”

Anouk Lorie
CNN
January 30, 2010

Iceland’s president accused the United Kingdom and the Netherlands on Friday of financially “bullying” his country.

Olafur Ragnar Grimsson said the two countries had been “using their influence within the International Monetary Fund” to stop it lending Iceland billions of dollars needed to rebuild the country’s debt-ridden economy.

“We are being bullied. The British and the Dutch are using their influence within the IMF to prevent the IMF program from going forward,” Grimsson told CNN’s Richard Quest.

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