ICELAND: Replacing the neoliberal model with a sustainable modelPresentation held at the conference: „TOGETHER we can put an end to the problems of debt and austerity in Europe !” by the European Left, April, 10th, 2014, Brussels
Lire la suiteThe Lesson From Iceland’s Economic Recovery: Let Banks Go BustGovernments around the world bailed out their financial sectors. However, Iceland took a different tack. The government declared that it would only save domestic bank account holders - everyone else would have to fight over the remaining assets
Lire la suiteICELAND BLOCKS BANK REPAYMENTS FOR FOREIGNERS The president of Iceland blocked a hard-fought $5 billion compensation deal with the British and Dutch governments on Tuesday, upending the precarious finances and politics of the island nation and further jeopardizing already frayed ties with Europe and international lenders.
Lire la suiteIceland goes bankrupt: New government formed as a result of economic troublesIceland’s center-left Social Democratic Alliance Party was chosen Tuesday to form a new government with the Left-Green movement following the collapse of the conservative government amid deep economic troubles.
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