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útrás
The Icelandic "outvasion" (Icelandic language, Icelandic: ''útrás'' ) was the period in the economic history of Iceland between 2000 and the onset of its 2008–2011 Icelandic financial crisis, financial crisis in October 2008. With the privatisation of the banking in Iceland, Icelandic banks being advantageous for investors, there was a large supply of cheap loan capital on the international market. A clause in the agreement with the European Economic Area stipulated the free flow of capital (economics), capital to and from Iceland. The so-called outvasion entailed Icelandic financiers (sometimes styled ''útrásarvÃkingar'', 'outvasion Vikings') to purchase many foreign businesses, particularly in the retail sector. The British retailers Debenhams, Woolworths (United Kingdom), Woolworths, Hamleys, and others came into full or part-Icelandic possession, in addition to the Danish companies Magasin du Nord and Royal Unibrew. Novator Partners acquired telecoms and other assets aroun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Icelandic Language
Icelandic ( ; , ) is a North Germanic languages, North Germanic language from the Indo-European languages, Indo-European language family spoken by about 314,000 people, the vast majority of whom live in Iceland, where it is the national language. Since it is a West Scandinavian languages, West Scandinavian language, it is most closely related to Faroese language, Faroese, western Norwegian dialects, and the extinct language Norn language, Norn. It is not mutually intelligible with the continental Scandinavian languages (Danish language, Danish, Norwegian language, Norwegian, and Swedish language, Swedish) and is more distinct from the most widely spoken Germanic languages, English language, English and German language, German. The written forms of Icelandic and Faroese are very similar, but their spoken forms are not Mutual intelligibility, mutually intelligible. The language is more Linguistic conservatism, conservative than most other Germanic languages. While most of them hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
