Sunday 16 September 2012

Iceland no to austerity : unemployment now 6%, growth 3% .




Iceland is booming, unemployment now 6%, growth 3% .



Just four years after Iceland's major banks collapsed and the currency plunged in value, the nation is now being praised by the IMF.
The country has seen a return to strong growth and has spared its citizens many of the austerity measures felt elsewhere in Europe.



Go to the BBC Link to watch the video

http://www.bbc.co.uk/news/business-19599449





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