Acquittal in the Icesave case

The EFTA Court ruling on Icesave rejected all claims by the EFTA Surveillance Authority that Iceland should be declared in breach of the EEA Agreement. The Court rejected the claim that Iceland has breached the Deposit Guarantee Directive or has discriminated against depositors contrary to EEA law. After the ruling was clear the Icelandic government welcomed the result. The government statement can be read here. The Ministry for Foreign Affairs has a web page that all the relevant information about the Icesave-debate can be found. The ruling can be found here.