iceland told the banks to "suck it"..........from iceland review.....
"Rating agency Moody’s expects a moderate economic growth of 2.5 percent to take place in Iceland this year and next, according to a new report where the Icelandic state’s credit rating is confirmed as Baa3 with negative outlook.
Moody’s states that Iceland’s credit rating will be increased if there are indications of a powerful and permanent economic recovery, continued restraint in state finances and stability of the Icelandic króna while capital controls are lifted, visir.is reports'.......READ MORE
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