Why Was Iceland Left Out in the Cold? And Kept There?

On Thursday 27 November at 6:30pm, the IEA will be joined by Professor Hannes Hólmsteinn Gissurarson, professor of political science at the University of Iceland. Explaining the events leading up to the collapse of the Icelandic bank in October 2008 and Britain's response, Professor Gissurarson’s lecture is set to offer an exciting insight into Iceland's economy. 

Please RSVP if you would like to attend. For more information, click here

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By Philip Booth and Ryan Bourne, 25th Nov 2014 (2 comments)

Fall-out from the Autumn Statement next week is likely to focus heavily on the slowdown in deficit reduction. Borrowing has been £3.7 billion higher this year so far compared with last, and it looks unlikely that George Osborne will hit his fiscal target for 2014-15. But the key number the media will focus on is the Office for Budget Responsibility’s (OBR) estimate of the ‘structural deficit’ – that is, how much of the deficit will remain even if the economy continues to grow.

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