Iceland's 'tenacity' lifts economy out of crisisBBC Newsnight's Joe Lynam looks at what lies beneath the external beauty of Iceland Whisper it - Iceland's economy is on its way back. The frozen island on the edge of the Arctic, which had 10 straight quarters of shrinking GDP, is suddenly on a steady run of seven quarters of growth averaging at 2.5% per annum - something that few European countries can boast. This nascent recovery from economic
