Topic: Icelandic Economy

Can price inflation fix a lagging economy?

Yes, but the boost it provides is temporary and offers no permanent solution.

Currency: Will Iceland go Loonie?

Iceland is considering adopting the Canadian dollar as its national currency. It's an odd choice, but it could be an improvement.

Think US debt is high? Take a look at Europe's most indebted nations.

In April, the IMF estimated that the US government's debt amounted to 99 percent of gross domestic product. That’s high, but less than four of Europe's five largest debtors.

Portugal bailout: Who's Europe rescuing, and by how much?

Portugal announced today that it would seek a bailout from the European Union, becoming the fourth country in western Europe to request a financial rescue package. Here's a look at the financial rescue packages for Iceland, Portugal, Ireland, Greece, and Spain.

Iceland's depreciation a miracle cure? Only in Oz.

While some tout Iceland's depreciation as a miracle solution to recession, its economic plunge is speeding up.

Economic impact of Iceland volcano

Iceland reports record 34 percent inflation

Inflation is up overall in Europe, especially in Iceland, which experienced a 2-year cumulative increase of 36 percent.

Iceland volcano costs US companies millions of dollars

The Iceland volcano has also disrupted tourism, trade in goods, and other economic activities for the US.

Volcano in Iceland: Brits add it to their grievances toward Viking republic

Still smarting from the Icelandic bank meltdown that parted many from their investments, Brits are none too happy about the salvo of volcanic ash that's grounded their air traffic.

Iceland was right to vote no on foreign bank compensation

Why should Iceland compensate unwise UK savers or stump up the money that UK politicians spent trying to buy votes?

After banking bust, Iceland turns to free-market innovation

Iceland hopes to "reboot" the country after its banking bust, with leaders founding a Ministry of Ideas whose best recommendations are aired on a popular radio show each Friday morning.

Iceland financial crisis: will chill deepen in wake of repayment veto?

The Iceland financial crisis could intensify after a presidential veto of a bill to repay Britain and the Netherlands the billions they lost after Icelandic banks collapsed. The issue now goes to referendum – and could affect an EU membership bid and economic aid.

Will EU lifeline sink Iceland's fishing industry?

The government collapsed this week and banks are on life support. Icelanders are now giving the European Union another look.

Iceland's leaders fall (on yogurt?) and its government spoils

Global financial crisis overwhelms tiny Iceland

Protests in the capital escalated Tuesday and Wednesday with calls for the prime minister and Central Bank head to resign.

Brits try to retrieve assets frozen in Icelandic banks

The country's banks expanded greatly during boom years and now can't roll over the debt.

Etc.