ASSESSMENTS

Iceland: A Laboratory for Social Unrest?

Nov 14, 2008 | 21:34 GMT

OLIVIER MORIN/AFP/Getty Images

Summary

European states hit hardest by the global financial crisis will watch demonstrations scheduled for Nov. 15 in Reykjavik, Iceland, with a keen interest. In particular, countries in Central Europe and the Balkans will want to see what could await them this winter as their currencies depreciate and the effects of the crisis move from the banking lobbies and into the grocery stores.

Planned protests in Reykjavik over the government's failing to close on an International Monetary Fund loan could be a harbinger of things to come in Europe....

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