No Crisis in Rural Iceland

Small communities in rural Iceland have neither been affected by the current economic crisis nor were they included in the period of expansion before the crisis arrived. Many of these communities have plenty of jobs available.

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Lack of Currency Harms Businesses

Knútur Signarsson, managing director of the Federation of Icelandic Trade (FÍS), said that wholesalers are having problems with obtaining foreign currency to pay their partners overseas which is harming long-lasting business relations.

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