{"id":4964,"date":"2013-02-04T21:30:32","date_gmt":"2013-02-05T03:30:32","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=4964"},"modified":"2013-02-04T21:30:32","modified_gmt":"2013-02-05T03:30:32","slug":"iceland-under-the-volcano","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=4964","title":{"rendered":"Iceland: Under the volcano"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/6e9d69ea-6a06-11e2-a80c-00144feab49a.html#axzz2JtMRh9U9\">Richard Milne:<\/a><\/p>\n<blockquote><p><i>Einar M\u00e1r Gudmundsson tells the story of a telephone call he received that morning. His friend told him about a theft the previous night: \u201cIt was the first burglary we had heard of in a little shop where all the person took was bread. Not money, nothing else, just bread. He must have been hungry.\u201d<\/p>\n<p>In a land famous for its Sagas, even a tale of stolen bread has resonance, emblematic of the struggles Icelanders now face. For Mr Gudmundsson, a well-known Icelandic author, the burglary adds a human detail to the story of how the Nordic island perched on a volcanic hotspot in the mid-Atlantic has recovered from being one of the earliest and biggest victims of the financial crisis in 2008.<\/p>\n<p>Much has been written about its economic recovery. The island has been held up as a model pupil by the International Monetary Fund, whose help it received in 2008 after the collapse of its three main banks plunged Iceland into a financial maelstrom. Growth may have plunged by more than 10 per cent but it has rebounded in the past two years and industries such as fishing are thriving again. A victory in the Icesave court case has buoyed the national mood.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Richard Milne: Einar M\u00e1r Gudmundsson tells the story of a telephone call he received that morning. His friend told him about a theft the previous night: \u201cIt was the first burglary we had heard of in a little shop where all the person took was bread. Not money, nothing else, just bread. He must have [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4964"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4964"}],"version-history":[{"count":0,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4964\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4964"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}