Lithuania stands behind Iceland over compensation clash with UK, Netherlands
Posted by editor on 1/08/10 • Categorized as Baltic States, Diplomatic news, Foreign Policy, Scandinavia • 
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The Baltic News Service writes that the Lithuania’s Foreign Minister Vygaudas Usackas followed the example of Latvia that earlier on 7 January has stood behind Iceland’s decision to hold a referendum on compensation of damages to the Netherlands and the UK. The losses came about after the Icelandic bank’s Icesave collapsed in 2008.
According to the BNS the Minister Usackas had a telephone conversation on the issue with the with Iceland’s Foreign Minister Ossur Skarphedinsson. During this conversation the Lithuanian minister dismissed as “unacceptable” the “international isolation threats voiced by some politicians and political reviewers.” “I stated my opinion that we understand the president of Iceland had such Constitutional right,” Usackas told BNS on 8 January.
The Minister said to BNS, “In my opinion, the international isolation threats to be voiced by some politicians and political reviewers with regard to Iceland are unacceptable”. In Usackas opinion the European Commission (EC) could step into the clash between Great Britain and the Netherlands with Iceland over EUR 3.8 billion compensation, the BNS writes.
Iceland was the first country in the world to recognise Lithuania’s Independence in nineties
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