Diana Wallis - Liberal Democrat Member of the European Parliament for Yorkshire and the Humber

Icelanders' 'no' is not their last word

8.36.17am GMT Sun 7th Mar 2010

Icelandic flag

Responding to the resounding 'No' vote Icelanders delivered in the referendum on the proposed deal to repay Britain and the Netherlands outstanding debts from the failed Icelandic bank Icesave, European Parliament Vice President Diana Wallis MEP said:

"The Icelandic people needed an opportunity to have their say.

"The result is no surprise. But what really matters is that the Icelanders, the Dutch and the British have kept negotiating in search of a lasting solution. Although there is no new agreement yet, they have moved on from the untenable package rejected by the Icelandic people.

"The referendum result should be respected, but we are not a million miles from reaching a different and acceptable settlement. That would be the best answer to the referendum outcome."

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