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Old 13th Oct 2008, 13:59
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harrogate
 
Join Date: Dec 2005
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Iceland

So, if the Ruskies are gonna bail the very desperate Iceland out to the tune of £4bn-or-so with a loan, is Russia gonna want something in return, apart from a **** load of interest?

I know the Yanks have left Iceland now and there was casual gossip last week in the FT of Iceland offering Russia a Naval base in return for the cash, but is that really a possibility?

How does that stand with NATO obligations, etc?
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