Iceland’s miraculous economic recovery after the collapse of its banking system in 2008 is a unique success story and by far an exception in Europe. In just a few years and after crippling sacrifices, the Atlantic island nation managed to get back on its two feet, shed mountains of debt and reboot its financial, political and social structure to spark new growth and investment.
Iceland’s miraculous economic recovery after the collapse of its banking system in 2008 is a unique success story and by far an exception in Europe.
Tourism traditionally accounts for close to 10 percent of GDP and 35 percent of export earnings in Iceland. For the past 10 years the industry has grown fivefold to become one of the key economic locomotives for the country that attracts about 3 million visitors every year.
With only 360,000 souls, Iceland may be small but it is home to big ideas that are turning the heads of international policymakers.
Country Reports’ special feature on ICELAND will provide exclusive insights, analysis and fresh perspectives on these topics, based on our team’s exclusive exchanges with top political and business leaders.
Distributed exclusively on Newsweek.com reaching a vast readership of 95 million, our special feature will be promoted both through a banner placed on Newsweek’s homepage for a week, and a full-page article inserted in Newsweek’s international print edition ensuring large visibility and awareness for the reader.
The feature on ICELAND will also be hosted in the Newsweek library (www.newsweek.com/newsweek-country-reports) for two full years.
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