Two of the countries that were worst affected by the Global Crisis that hit the West in 2008 have become symbols for the success and the failure of IMF programmes. Iceland suffered a meltdown of its ...

While Greece battles its debt crisis, Iceland – where major banks collapsed in the wake of the global financial meltdown – is gearing up for a referendum on whether its taxpayers will shoulder ...

On a recent trip to Iceland, I visited three grocery stores to compare prices with items in the US. While produce in Iceland was cheaper, most basics like eggs and milk were more expensive.