Iceland: Difference between revisions

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Also, Reykjavík's where Reagan and Gorbachev met in October 1986 to continue ultimately failed discussions about scaling down their European missile arsenals. You might get extra points on your [[Cold War]] quizzes if you mention that.

Suffered a large scale banking collapse and a drop in the value of its currency in 2008. This led to an odd situation where money and [[Vendor Trash]] earned in ''[[~~Eve~~ Online]]'' was worth more than their real currency (CCP Games is based in Iceland and the game's currency has the same code, ISK, as Iceland's krónur). The collapse was sufficiently bad that Iceland applied to the IMF for currency stabilization (something that rich countries haven't done on a large scale in quite some time) and applied to the EU for membership (before, Icelanders hadn't decided they needed it). The banking collapse affected the UK, where a lot of councils had banked with Icelandic banks.

Suffered a large scale banking collapse and a drop in the value of its currency in 2008. This led to an odd situation where money and [[Vendor Trash]] earned in ''[[EVE Online]]'' was worth more than their real currency (CCP Games is based in Iceland and the game's currency has the same code, ISK, as Iceland's krónur). The collapse was sufficiently bad that Iceland applied to the IMF for currency stabilization (something that rich countries haven't done on a large scale in quite some time) and applied to the EU for membership (before, Icelanders hadn't decided they needed it). The banking collapse affected the UK, where a lot of councils had banked with Icelandic banks.

However, the EU membership bid seems doomed since only one party supports it (and not whole-heartedly at that) and also because the question will have to be decided in a referendum, and polls show that as of now, about 70% of the population is against it.