Icelandic government lifts capital controls introduced in 2008

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.

• Primary Source

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

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