Mediactivist
Iceland is often portrayed as a role model for managing its economic collapse, but while part of this acclamation is justified, it should not be idealized. Following my last post where I attributed much of the country’s revival to one specific decision to cancel 70% of its external debt, I would like to highlight here some facts that tend to
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The spanish governement is announcing a bailout plan for its private banks that could end up in injecting up to 10 bn of capital in Bankia. Of course, Spanish people are not very happy about that. On twitter, the hashtag #hagamoscomoIslandia (let’s do as Iceland did) is currently trending. But can Spain really do as Iceland did ?
» Read moreIn my last contribution for MyEurop.info, i explain why the icelandic bankruptcy case and the last referendum are highly misunderstood.
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