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2015-06-08 — nytimes.com
``Iceland has planned for some time to remove the capital controls. But it is a tricky situation. The current book value of the assets of the banks' failed estates is about 15 billion euros, of 120 percent of Iceland's gross domestic product. About 62 percent of the assets are foreign and 38 percent are domestic. If even a portion of that money leaves all at once, the currency would collapse and the country would be in crisis again. ''
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