ESA Taking Iceland To EFTA Court Over More Charges

 ESA Taking Iceland To EFTA Court Over More Charges

The European Free Trade Agreement Surveillance Authority (ESA) is taking Iceland to EFTA court over two charges now - one related to finance, and the other to livestock feed.
As many know, EFTA believes Iceland may have broken the terms of the country's treaty with the organisation by delaying repayment to foreign depositors in Icesave. Specifically, EFTA contends that part of the treaty dictates that governments ensure depositors of any national origin should be able to withdraw their many from a bank within an EFTA country.