The WSJ – Spooking Small Nations since forever

“Iceland has yet to shed its pariah status among international investors”

This of course explains why they have massively oversubscribed international  bond sales for both bank and state bonds and why EU FDI has held up pretty well. A real pariah.

 

via For Greece, Iceland Shows Risks of Capital Controls – WSJ.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s