Iceland moves to shore up economy

Published  2008-10-05 12:15:44
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Talks are being held in Iceland to persuade the country's trade unions to repatriate a sizeable portion of their pension funds.
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» Arnie credited Iceland moves to shore up economy   137837 min ago

Comments

Arnie Haslem
  says:
2008-10-05 14:43:58

The numbers I've heard don't bode well for Iceland. Apparently their exposure to bad debt is greater than their GNP. In that case, how can the government bail them out?

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