2014-01-18nytimes.com

``Many companies and households in Iceland are still deeply indebted. Birgir Gudjonsson, a 37-year-old policeman in Reykjavik, said that the banks had been too interested in rebuilding their businesses and their balance sheets, and not helpful enough to homeowners like him who bought their first homes just before the crisis. Because many Icelandic loans are linked to inflation, Mr. Gudjonsson owes more than he initially borrowed.''



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