financial crash
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“Pandemic Babies” Set To Outpace “Financial Crash Babies” In 2021
In the beginning of December, some 4,300 babies were registered in the Parental Leave Fund due to parents taking a post-natal leave of absence, Kjarninn reports. [su_pullquote]Enter a competition to win a box of Grapevine goodies! Just sign up for our newsletter…
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Ten Years Later: The Protests That Brought Down The Government
In October 2008, Iceland became the focus of international attention when its entire financial system collapsed. Part of the cause was undoubtedly connected to Iceland’s tiny currency being especially vulnerable to shockwaves from the devastated real estate market in the US, but…
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The Faces Of The Financial Crisis: Ten Years After The Big Crash
2018 marks the tenth anniversary of Iceland’s devastating financial crisis. The beginning of the end can be traced back to events that unfolded in 2007, when the internal dealings and quationable loaning practices of Icelandic banks put foreign investors on edge. With…
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Slowdown In Iceland’s Economic Growth Is Good, Says Central Chief Banker
Thanks to the tourist boom following the 2008 financial crisis, Iceland’s economy has experienced a period of strong growth, despite it being one of the countries worst affected by the crash. Now, this growth has started to slow. Fortunately there’s no need…
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Iceland’s First Woman PM Releases Biography
Jóhanna Sigurðardóttir, who rose to international fame as Iceland’s first woman Prime Minister, has released a tell-all biography about her stormy tenure. The biography, ‘Minn tími’ (My Time), covers one of the most contentious periods in Icelandic history; from the financial crash…