Iceland rejected the offer by the UK and the Netherlands, but did present yet a new proposal to the UK and the Netherlands. Iceland's finance minister Steingrímur J. Sigfússon described the new Icelandic offer as a "significant step towards them and Netherlands". The UK and Dutch government officials refused to discuss this new offer by Iceland. Talks continued until 5 March 2010. As no agreement was reached by the end of this day, the original "Icesave bill 2" agreement was put to a referendum on 6 March 2010.