Gudmundsson on Iceland’s future
When a financial crisis hits, finding yourself in the eye of the storm is never pleasant. Perhaps as abhorrent is watching your home county's economy unravel from afar, powerless to help, as Már Gudmundsson, the new governor of the Central Bank of Iceland, found out last autumn.
"It was a somewhat difficult experience. I don't know if it was more difficult to be here and take part in it, or be abroad and watch it unfold," Gudmundsson told CentralBanking.com a day after taking office. "But not
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