PM says Icelandic economy is stable Skip to content

PM says Icelandic economy is stable

Iceland’s Prime Minister Halldór Ásgrímsson says that one of the causes of speculation about whether an economic crisis is imminent in Iceland is a lack of information abroad about the Icelandic economy. Ásgrímsson made the remark at a conference held by the Economist, according to the Morgunbladid online edition. <?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />

In a talk on the status of the Icelandic economy given by the PM at the conference he referred to a new survey claiming that Iceland is the fourth most competitive nation in the world, and made mention of the successful privatization of Iceland Telecom and the Icelandic commercial banks. He also stated that a new report on Iceland by the International Monetary Fund is expected tomorrow.

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