Uu article d' un journal islandais digne d'un certai interet pour nous
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Uu article d' un journal islandais digne d'un certai interet pour nous
While the world still waits for details of a potential IMF-led rescue package for Iceland’s economy, other events have been unfolding at a quicker pace.
Details of the IMF deal were expected yesterday or today – and no information yet states that this situation has changed.
In other news, unconfirmed reports in Britain’s Financial Times state that the UK has sent a delegation to Iceland to discuss the loan of up to GBP 3 billion. If true, this approach would represent a shift in attitude towards Reykjavik from Gordon Brown’s government.
Brown’s former attitude was described as a “beggar thy neighbour reaction” yesterday by Sir Howard Davies. Sir Howard, who is the former head of the Financial Services Authority, former deputy governor of the Bank of England and current director of the London School of Economics, was speaking at the Cheung Kong Graduate School of Business in Beijing.
In further signs of an improved international response to the global crisis, Norway has also sent a delegation to Iceland, with the aim of “helping our brothers and sisters” out of a crisis, and to show solidarity. Belgium’s Prime Minister, Yves Leterme offered his country’s support at talks in Reykjavik on Friday.
The IMF reported yesterday that due to swift and united government action, the European recession will probably be short and light. Meanwhile, the head of Iceland’s biggest employer’s union said that he expects a sharp 10 percent cut in Icelandic GDP next year, followed by resumed growth the year after that.
Furthermore, it is thought that once the Icelandic krona stabilises due to increased foreign currency loans to the country (at around 110 to the euro, it is hoped); there will be very little inflation to speak of in 2009.
Unemployment in Iceland could increase to 4 to 8 percent before the economy grows again; but even this would be less than current levels in many European countries.
Details of the IMF deal were expected yesterday or today – and no information yet states that this situation has changed.
In other news, unconfirmed reports in Britain’s Financial Times state that the UK has sent a delegation to Iceland to discuss the loan of up to GBP 3 billion. If true, this approach would represent a shift in attitude towards Reykjavik from Gordon Brown’s government.
Brown’s former attitude was described as a “beggar thy neighbour reaction” yesterday by Sir Howard Davies. Sir Howard, who is the former head of the Financial Services Authority, former deputy governor of the Bank of England and current director of the London School of Economics, was speaking at the Cheung Kong Graduate School of Business in Beijing.
In further signs of an improved international response to the global crisis, Norway has also sent a delegation to Iceland, with the aim of “helping our brothers and sisters” out of a crisis, and to show solidarity. Belgium’s Prime Minister, Yves Leterme offered his country’s support at talks in Reykjavik on Friday.
The IMF reported yesterday that due to swift and united government action, the European recession will probably be short and light. Meanwhile, the head of Iceland’s biggest employer’s union said that he expects a sharp 10 percent cut in Icelandic GDP next year, followed by resumed growth the year after that.
Furthermore, it is thought that once the Icelandic krona stabilises due to increased foreign currency loans to the country (at around 110 to the euro, it is hoped); there will be very little inflation to speak of in 2009.
Unemployment in Iceland could increase to 4 to 8 percent before the economy grows again; but even this would be less than current levels in many European countries.
Pardis- Nombre de messages : 61
Date d'inscription : 11/10/2008
Re: Uu article d' un journal islandais digne d'un certai interet pour nous
Rien de concrêt pour nous!!
rose- Nombre de messages : 32
Date d'inscription : 12/10/2008
Re: Uu article d' un journal islandais digne d'un certai interet pour nous
Article intéressant, plutôt optimiste je trouve... un peu trop optimiste à mon goût... enfin, il vaut mieux ça que le contraire.
Il semble que notre problème dépendera de plus en plus du contexte international: IMF, appui à l'Islande des autres gouvernements, dont le notre... revirement de position de Gordon Brown - au début il était question de porter l'Islande devant le tribunal... la Norvège parle de nos "brothers and sisters", il y a dix jours c'était motus bouche cousue...
Je suis fondamentalement confiant, mais on devra être patients et maintenir notre cap.
Il semble que notre problème dépendera de plus en plus du contexte international: IMF, appui à l'Islande des autres gouvernements, dont le notre... revirement de position de Gordon Brown - au début il était question de porter l'Islande devant le tribunal... la Norvège parle de nos "brothers and sisters", il y a dix jours c'était motus bouche cousue...
Je suis fondamentalement confiant, mais on devra être patients et maintenir notre cap.
Marc M- Nombre de messages : 212
Date d'inscription : 11/10/2008
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