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Friday, October 31, 2008
RTRS-UPDATE 1-Iceland bank crisis could cost 85 pct of GDP
REYKJAVIK, Oct 30 (Reuters) - Iceland's Prime Minister Geir Haarde said on Thursday the total cost of the country's banking crisis could amount to 1.1 trillion Icelandic crowns ($9.40 billion), or 85 percent of 2007 gross domestic product.