Paid In Full Via Greatly Ramped Up Exports

Iceland makes good:

Inquiring minds are reading a letter from the Icelandic Parliament to Gordon Brown regarding Icesave:

Dear United Kingdom,

In response to your demand to send cash immediately ...Please note the Icelandic Alphabet does not contain the letter "C". We have complied with your request as best as our language allows. It's not easy to conjure up a volcano at will to spew tons of ash. Please consider our debt paid in full.

Respectfully yours,
Iceland