Also on 8 October, the Prime Minister Geir Haarde issued a statement saying "The Icelandic government appreciates that the British authorities are willing to step in and respond to the immediate concerns of depositors of "Landsbankinn Icesave" accounts" and that "There is a good probability that the total assets of Landsbankinn will be sufficient to cover the deposits in IceSave." Later that day, he said that the Icelandic government was in no way running away from its obligations and suggested that Brown's remarks were grounded in a misunderstanding.