torsdag 14 november 2013

Dagens citat

"It is tempting to compare Iceland to Cyprus, which has also imposed capital controls after the failure of large cross-border banks. There is, however, a key difference between these two countries– Cyprus’s membership of the Eurozone. The case of Iceland is certainly instructive, but with its failed large banks that are still unresolved, and still pose a threat to financial stability within the very small Icelandic currency area, it is unique."

Ekonomerna Richard Portes och Friðrik Már Baldursson i Vox EU om Island och planerna för att avveckla kapitalkontrollerna.