Iceland’s recovery outlined in latest Economic Situation report

The Iceland Chamber of Commerce has published the 16th edition of its annual Icelandic Economic Situation report, outlining how the economy has recovered from the financial crisis that appeared in 2008.

The 46 page report is split into four main parts, including information on key economic, business and political developments in 2012 and 2013; key data including graphs and charts illustrating the economic landscape; a specific focus on the years 2009-12, when financial collapse and economic rebuilding were required; and finally a part outlining the future prospects of the island nation.

Specific issues addressed include:

• The financial sector´s size and stake in Icelandic business.

• Unresolved matters regarding the State Housing Financial Fund and banks in liquidation process

• New listings on the NASDAQ OMX Iceland.

• The Central Bank´s efforts to stabilize inflation.

• Development of household and business debts.

• The Social partners efforts to adopt a new negotiation process.

• Main elements of the fisheries, energy and tourism sector.

• The State´s fiscal consolidation plan and new government.

• The conclusion of the Icesave process.

• Economic developments (e.g. GDP, the Stock Market and Pension funds and Monetary Policy).

• Iceland Growth Forum and its macro economic goals until 2030.

To view a copy of the report click here: [asset_library_tag 6867,The Icelandic Economic Situation]


Jonathan Boyd
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