Icelandic government lifts capital controls introduced in 2008

Series Title
Series Details 13.03.17
Publication Date 13/02/2017
Content Type

Iceland's prime minister announced on 12 March 2017 the lifting of the last remaining capital controls, in place since the collapse of the country's biggest banks during the financial crisis in 2008.

The restrictions had been imposed to prevent panicked foreign investors from taking their money out of Iceland.

Source Link http://www.euronews.com/2017/03/13/iceland-lifts-last-of-the-government-s-cash-movement-restrictions
Related Links
ESO: Background information: Iceland to lift capital controls to help boost economy http://www.europeansources.info/record/iceland-to-lift-capital-controls-to-help-boost-economy/
EUObserver, 14.03.17: Iceland back on track eight years after bank collapse https://euobserver.com/nordic/137224
The Reykjavik Grapevine, 13.03.17: Iceland Lifting Remaining Capital Controls http://grapevine.is/news/2017/03/13/iceland-lifting-remaining-capital-controls/
Iceland Monitor, 12.03.17: Iceland government lifts capital controls http://icelandmonitor.mbl.is/news/politics_and_society/2017/03/12/iceland_government_lifts_capital_controls/
Deutsche Welle, 13.03.17: Iceland thaws capital outflow freeze http://dw.com/p/2Z5Jp
The New York Times, 14.03.17: Iceland, Symbol of Financial Crisis, Finally Lifts Capital Controls https://www.nytimes.com/2017/03/14/business/iceland-economy-finance-capital-controls.html
BBC News, 12.03.17: Iceland to end capital controls from 2008 financial crisis http://www.bbc.co.uk/news/business-39248677

Countries / Regions