Home Videos Iceland sees signs of economic recovery after collapse in 2008

Iceland sees signs of economic recovery after collapse in 2008

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Iceland sees signs of economic recovery after collapse in 2008Iceland’s economy had collapsed at the end of 2008, when its three largest banks went bust, and its currency plummeted in value. Now after years of austerity, the government says things are improving with promising growth figures and a decreasing unemployment rate. As Barnaby Phillips reports from Reykjavik, Iceland’s capital, the country is even considering joining the eurozone.

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Sheeraz Raza
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.