Our comprehensive assessment of Iceland's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Iceland, as well as the latest industry developments that could impact Iceland's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Iceland before your competitors.
Iceland Country Risk
Recent policy decisions by the current government are jeopardising the sustainability of Iceland's economic recovery.
The debt relief plan, passed through parliament in late May 2014, will provide a short-term boost to consumption, at the expense of deteriorating external surpluses and reduced ability to meet external debt obligations.
Despite the government set to announce its plan for removing capital controls by end-2014, we expect the process to be drawn out over several years, which will continue to hamper foreign investment into Iceland, capping long-term growth potential.
Iceland will remain one of the most politically stable countries globally, even in the face of significant external account uncertainty.
Major Forecast Changes...