Shipowners send a message to the Icelandic people that they should be satisfied that they have a monopoly on quota and point them to go find something else to do. Now after the ship owners got a 50% devaluation of the economic collapse in which workers lost their houses and salary and pension contribution fell they ship owners so much profit they are buying up all the better companies on the market in Iceland, as well as pumping the money abroad to compress growth in Iceland and prevent a rise in the exchange rate would reduce the profits of the fisheries. Corrupt country? Yes Iceland is definitely the most corrupt countries in Europe.
[divider style=“solid“]
Facebook Notice for EU!
You need to login to view and post FB Comments!