Iceland Unveils Household-Debt Relief Program

Iceland's government unveiled a $1.25 billion household-debt relief program Saturday, with the plan calling for increased taxes on the financial-services industry to help fund mortgage write-downs for Icelanders.



via WSJ.com: World News http://online.wsj.com/article/SB10001424052702304017204579230521856422620.html?mod=fox_australian