Underreported: Trying to Thaw Iceland's Economy

The Leonard Lopate Show | May 10, 2010
Iceland's economy came to a screeching halt in the fall of 2008 when its banking sector collapsed. On today’s first Underreported, we look at how the International Monetary Fund is trying to jump start the economy by refinancing the national debt. Landon Thomas, Jr., a financial correspondent for the New York Times, describes the political debate that’s emerged on how to pay off the country's creditors.

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