The above is a short visual presentation on a few key dates of important events that took place during the Iceland Crisis. Enjoy!
The Future?
Iceland is
on its way to recovery but its future is uncertain with rising house prices and
other warnings from the IMF such as the Housing Finance Fund. However, its
growth rate for the last year was hovering on average at 2.5% which is one of
the highest for the European Union. It would be a most interesting case to note
and monitor due to the unorthodox approaches used and the unlikely results from
such measures. Iceland is unique; there is no doubt about that! One can only
observe as to if the future leads them back into recession or to a much better
economic climate. Time would tell as their future unravels with respect to the
economic policies implemented and the resulting impact.
