Advertisement

The Icesave Saga

  • Carl BaudenbacherEmail author
Chapter
Part of the Springer Biographies book series (SPRINGERBIOGS)

Abstract

In the 2000s, Iceland experienced an unprecedented financial boom. Banks had been privatised and restrictions on free movement of capital had been lifted in the 1990s under the government of Davíð Oddsson. This liberalisation, which was long overdue, was not least a consequence of the country’s EEA membership on the EFTA side. The two large State banks Landsbanki Íslands and Búnadarbanki Íslands had been sold.

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Urumea AGSt. GallenSwitzerland

Personalised recommendations