Ignorant analysts

“The events of February and March can be blamed in part on the relative lack of knowledge about the Icelandic economy and its peculiarities, which was reflected in some reports,” says prime minister Geir Haarde.

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Geir Haarde, prime minister “The events of February and March can be blamed in part on the relative lack of knowledge about the Icelandic economy”
Geir Haarde, prime minister

Analysts’ reports from rating agencies and banks have been at the heart of many of the developments in the Icelandic economy over the past seven months. “The events of February and March can be blamed in part on the relative lack of knowledge about the Icelandic economy and its peculiarities, which was reflected in some reports,” says prime minister Geir Haarde.

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