What was the total amount of savings lost by retail depositors in the Icesave dispute?
€2.7bn
€3.7bn
€5.7bn
€6.7bn
Answer
In the Icesave dispute, 343,306 retail depositors in the UK and Netherlands lost a total of €6.7bn of savings. This led to a major diplomatic dispute between Iceland, the UK, and the Netherlands.
Cooling Down: Test Your Knowledge on the Icesave Dispute