The ability of Iceland from many major consequences after the global financial crisis of 2008 is considered magic. The financial crisis, Iceland broke many talks about becoming a member of the European Union (EU), nationalized three banks large and insolvent 85 billion USD. The Government banned the transfer of capital abroad and devalued the local currency. Iceland's stock market which also plummeted by 90%, the unemployment rate is up to 10% and inflation inflate to 18%.
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