19/04/2024

Woman holds flag of Iceland as she gathers during peaceful protest near Iceland’s Parliament house in Reykjavik

A woman holds a flag of Iceland as she gathers during a peaceful protest near Iceland’s Parliament house in Reykjavik January 24, 2009. A day after saying he would quit, Iceland’s Prime Minister Geir Haarde voiced „contempt“ on Saturday for some of the actions by banks that triggered the country’s economic collapse. Iceland, one of the richest countries in the world in 2007, plunged into crisis in October when it fell victim to the global credit crunch. Its currency collapsed as its financial system imploded. To stay afloat, it negotiated a $10 billion aid package crafted by the International Monetary Fund and effectively froze trade in its currency.
REUTERS/Ints Kalnins (ICELAND)

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