Published on Sep 26, 2013
As Iceland's banking system went
into meltdown at the start of the global financial crisis, it came under
enormous pressure from the rest of Europe to accept crippling austerity
measures that would have burdened its people for generations to come.
And yet the tiny island nation stood up to the European Goliath,
defiantly opting for democracy even as it stood on the brink of
bankruptcy. What can Iceland teach the world about the power of the
people and the rule of law? To discuss these issues, Oksana is joined by
the President of Iceland, Olafur Grimsson.
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Follow Oksana Boyko on Twitter http://twitter.com/OksanaBoyko_RT
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_c...
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
