"The problems Iceland is facing are very acute, and we need a solution within the next year or two. The reason we’re in a tough spot is that the capital controls which are in place are stifling economic growth, hindering all investments, and they create basically a current account deficit, rather than improving the current account. And there are big maturities coming up on Icelandic loans. So we need inflow to pay for the upcoming outflow. So otherwise, Icelandic actually faces the risk of defaulting on its foreign debt as early as 2016."Investeraren Heiðar Már Guðjónsson i Business Insider om Islands intresse för den kanadensiska dollarn - läs mer här.
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