Arab Today, arab today icelandic government releases debt relief programme
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

Icelandic government releases debt relief programme

Arab Today, arab today

Arab Today, arab today Icelandic government releases debt relief programme

Icelandic government releases debt relief programme
Reykjavik - XINHUA

Icelandic government on Monday released its debt relief program to reinforce the premises for further growth and lighten households' debt.
Prime Minister Sigmundur David Gunnlaugsson and Minister of Finance and Economic Affairs Bjarni Benediktsson, together with the project management team, announced the housing mortgage principal reduction action, which will reduce the principal by some 1.2 billion dollars or as much as 20 percent over the next three years.
According to a statement published in the website of the Prime Minister's office, persons, who were younger than 40 years of age when the economic collapse occurred in 2008, with below-average income and have debts of 121,500 to 243,000 U.S. dollars will benefit from this program. Equity position of 56,000 households will be directly improved.
The statement said loans will be divided into two parts, the original mortgage portion and the adjustment portion. The debtors now only need to pay the original mortgage portion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today icelandic government releases debt relief programme Arab Today, arab today icelandic government releases debt relief programme

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today icelandic government releases debt relief programme Arab Today, arab today icelandic government releases debt relief programme

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday