Thu, Oct 10, 2013 - Page 9 News List

Iceland rising from the ashes of its 2008 economic collapse

By Simon Bowers  /  The Guardian, REYKJAVIK

Many Icelanders wince at the suggestion that they have escaped lightly from their IMF ordeal. Disposable income fell by a quarter after the crash, and 30,000 people <<->> 10 percent of the population <<->> have fallen into serious loan default; thousands of homes have been repossessed.

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