Description: Three years after a spectacular financial collapse, Iceland is coming back, largely on the strength of its strong exports. Video and reporting by Charles Forelle from the island of Vestmannaeyjar.

Source: Marketwatch.com – video report

Date: May 18, 2012

Link: http://www.marketwatch.com/video/asset/fishing-industry-aids-iceland-recovery/E1ED2AC5-D98B-4760-844E-67F8BA64A136

Questions for Discussion:

• What does this report have to say about economic recovery in Iceland?
• How does the country’s currency help with business recovery?
• What does this report suggest about recovery in Greece, Italy, Spain and other European countries?