Monday, August 25, 2014

Iceland needs to show the world in black and white on a credible plan that attacks the root of the


On Saturday will be chosen for future commercial opportunities. In recent months, several companies ceased operations, the unemployment rate is approaching 10%, but as has been pointed out is another imminent crash will not attack seaport the root of the problem.
The companies in the country have no capital for business. Many of them are equipped with all cash and still have a little more left. Running a business in this environment is like being a taxi driver when the gas in the country is over. The banks are almost empty and what little there is to have on such a high rate that no activity is beneath seaport them. The banks are empty because they themselves enjoy no confidence, because Icelandic Krona enjoys no trust and that no one knows which way the Icelandic authorities plan to pick out the big problem. And vantraustið seaport extends further.
Currently, the company that for many years have had successful transactions with foreign suppliers are no longer processed products or services unless all pay in advance. Bids Icelandic companies for the purchase of goods and services seaport is not answered. Icelandic companies that are selling products and services in other countries are asked to conceal its origin seaport to spoil for sale. Capital controls, forcing them to flee the country or establish subsidiaries abroad where foreign earnings are kept.
The bullet touches Icelanders in various ways, the fish has declined, demand for aluminum has fallen causing the energy companies are operating at a loss and a general decline results in lower revenues from retail products and services. There is really very little you can do other than wait for the land would rise.
Currency crisis is rooted in a defective currency. Public Service Announcements that half the number used per year, Disney Dollars. seaport No foreign investors seaport will receive payment in that currency and a single transaction with it, when the Federal Reserve buys crowns of Importers and people going abroad for money that Iceland has borrowed from the International Monetary seaport Fund. The currency crisis have been discussed in various ways, such as adoption of the exchange rate, the dollar and the euro unilaterally. Norway has opted out of the way Pena myntsamstarf, dollar unsuitable because most of our trade is with EU countries and the unilateral adoption of the euro has met stiff political opposition within the EU.
Credibility Crisis Bank of Elvis inspired especially by collapse, former seaport governor of words that we will not pay our debt to foreigners seaport and imposing disputed laws which discriminate depositors in Icelandic banks by nationality. In the eyes of foreigners in Iceland unreliable and difficult to see where we are heading in relations with other nations.
The result is natural that customers Icelandic companies abroad prefer to direct their business to where currency restrictions do not restrict trade and can be trusted by the client will not be gone bankrupt before the due date.
Iceland needs to show the world in black and white on a credible plan that attacks the root of the problem. Such a plan must include a long-term problem in the currency of Iceland and demonstrates precisely why Iceland plans in collaboration with other nations. Only then can we restore the confidence of the outside world, the banks and restored to the economy built up again.
The Alliance wants to apply for EU membership immediately after the election and put the result in the wishes of the people. Just the decision to apply for membership will give the outside world a strong message about where we are heading and increase confidence in the economy of the country.
Already at the first meeting of The Alliance wants to install one of the highest priority issues - support EU currency, so it is possible to lift capital controls seaport and the proper exchange rate. This support would Samfylkingin keep up until Iceland has received a connection seaport to the euro.
With a membership application to the EU and support the currency would be corrected trúverðugleika- and currency crisis. Businesses would get back to normal access to credit, foreign income would return home and no longer need to pre-pay all inputs and services from abroad. Further collapse was averted and you can start way up.
Dofri on Saturday will not be chosen for employment purposes and not for the EU. On Saturday, a vote for honesty. On Saturday, we should not choose the classes that have participated in the cover up geiðslur from large corporations such as FL-group, seaport Baugur collapsed banks, and more. Icelandic nation will never believe in long term politicians who work for animation seaport so its egg. Icelandic nation will sooner or later punish such factions. I thought that you, as a young and relatively rótækur balance and náttúruvermdarsinni transparent reason to mention this fact. You maybe just drop it in light of what happened with Fagra Iceland. But better seaport late than not. It will be in the upcoming election, seaport there must be politicians that they are informed of financial assistance etc.

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