Iceland: Moderate recovery but legacy risks linger

12/1/2014 - Report
ic_blogtagIcelandBusiness ClimateCountry RiskCurrent AccountGross Domestic Product (GDP)Interest rateMonetary Policy
Recovery to continue at a moderate pace and while fiscal consolidation continues, risks remain.

Exchange rate and inflation risk have declined but not vanished. Banking sector remains vulnerable. Current account has shifted into surplus. External debt remains very high. Foreign exchange reserves are adequate.

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Iceland: Moderate recovery but legacy risks linger - Report