Debt heat By Katy Dowell 13 August 2012 00:00 17 December 2015 12:36 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Bromley86 14 August 2012 at 14:46 >For the Icelandic government the political stakes are high, but the financial implications could be bleak. Not really as the reprioritisation seems to be sticking, which means Landsbanki looks to be on course to repay everything that would have fallen under the ~20k euro guarantee. So it’s just the interest that the government would be on the hook for. Annoying, not bleak. I’m assuming that they’re not being pursued under non-discrimination rules regarding the 100% guarantee of all domestic deposits. That would be bleak. Reply Link uttam hathi 23 August 2012 at 05:19 morally one may have many views on the crash of 2007-2008, but the issue here is legal and what comprised deposit guarantee scheme. this issue needs clarity for good or bad Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.