Helsinki - Economic output in Iceland was estimated to drop some 10 per cent next year, the prime minister of Iceland said Monday.

"We are going to get through this crisis and move on," Prime Minister Geir Haarde told reporters before a meeting of Nordic prime ministers in Finland.

Haarde said he hoped the cash-strapped North Atlantic nation will be able to get loans from its Nordic neighbours.

Helsinki  - The prime minister of Iceland said Monday he hoped the cash-strapped North Atlantic nation will be able to get loans from its Nordic neighbours.

"We hope for a quick response," Prime Minister Geir Haarde told reporters before a meeting of Nordic prime ministers in Finland.

The global financial crisis that has battered Iceland was one of the main topics at the meeting of the Nordic Council organization that groups Denmark, Finland, Iceland, Norway and Sweden as well as three self-ruling territories including Greenland.