Ekstra Bladet apologises to Kaupthing Bank for online articles.
Autumn 2006, a series of articles were published in the online version of Ekstra Bladet, concerning the activities of Kaupthing Bank.
Ekstra Bladet published allegations on it's website that Kaupthing Bank was guilty of serious financial wrongdoings.
Ekstra Bladet has now apologised to Kaupthing Bank and chairman Sigurður Einarsson, for the articles. The apology will be carried on Ekstra Bladet's website for a month. Ekstra Bladet has also agreed to pay Kaupthing substantial damage costs and reasonable legal costs. The articles are never to be published again.