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Image Related To: Iceland Premier: Letting banks fail leaves us better off than Ireland.

By northsunm32

Reykjavík : Iceland | over 2 years ago

The president of Iceland, Olafur Grimsson says that Iceland is better off than Ireland because the government decided to let private banks fail two years ago and also because the currency...

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Tags: Iceland, finance, Icesave dispute, private banks, business-news, Brian Cowen, Icelandic financial crisis, Bailout

More News From: Reykjavík : Iceland

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Iceland financial crisis

Olafur R. Grimsson, president of Iceland. Photographer:

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