Icelanders have rejected a proposal to repay £2bn to the UK and Netherlands after the country's banking system collapsed in 2008.

This is Iceland's second referendum on how to repay the money
The Icelandic Prime Minister Johanna Sigurdardottir has predicted "political and economic chaos as a result of this outcome", but did not say if the government would resign.
Thousands of savers had to be compensated after the online bank Icesave collapsed. It was one of three of the country's banks to go under.
The Icelandic government took over control of the failed banks and paid compensation to Icelanders who lost money.
But those in the UK and the Netherlands who saved with Icesave were offered nothing and had to be reimbursed by their own governments.
Iceland has had to decide how to repay the money but the terms of the repayment deal has delayed the process.
This is the second time the Icelandic government has held a referendum on repaying the money.

The future of Prime Minister Johanna Sigurdardottir is unclear
In March 2010 over 93% of voters rejected a tougher repayment regime and the finance minister appeared to rule out a third vote.
"It is clear that we have reached the end of the negotiation road," Steingrimur Sigfusson said.
Many Icelanders have said taxpayers should not have to bail out irresponsible banks.
"I know this will probably hurt us internationally, but it is worth taking a stand," said 28-year-old Thorgerdun Asgeirsdottir after casting a "no" vote at the Reykjavik city hall.
The dispute over repayment has soured relations between Iceland and the two other countries.
It may now be solved in a European court rather than in bilateral talks - a solution that may take several years and could prove much more expensive.