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Iceland sees signs of economic recovery

2012-06-06 29 Dailymotion

Iceland's economy had collapsed at the end of 2008, when its three largest banks went bust, and its currency plummeted in value. <br /><br />Now after years of austerity, the government says things are improving with promising growth figures and a decreasing unemployment rate. <br /><br />As Barnaby Phillips reports from Reykjavik, Iceland's capital, the country is even considering joining the eurozone.

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