Iceland's Economic Recovery Going Well - The Reykjavik Grapevine

Iceland’s Economic Recovery Going Well

Published March 29, 2010

Icelandic ministers who met with the International Monetary Fund (IMF) were told that the country’s economic recovery seems to be doing quite well.
The meeting took place largely so Icelandic authorities could emphasize to the IMF that they didn’t want the Icesave issue to get in the way of necessary economic aid.
“They made it very clear that Iceland’s economic recovery was going well, and that we were holding up our end of the bargain,” Economics and Business Minister Gylfi Magnússon told Vísir. “There was a solid understanding that a delay in the recovery plan is unacceptable.”
Magnússon added that while Iceland hasn’t exactly been pressured to resolve the Icesave issue, that it was made clear that the matter did need to be wrapped up. All parties, he added, need to be ready to negotiate again.

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