The World's First Bankrupt Country
Everyone knows that major countries have a great influence internationally and are developing rapidly economically. Some small countries are often forgotten, and many people don't even know they exist. For example, the country I'm going to talk about today was rarely known before. That country is Iceland.
Iceland is a country with a relatively small area and a small population. Just by its name, we know that the country is located in a cold place, but in recent years, Iceland has become a tourist destination and is one of the most popular countries for travel enthusiasts. Iceland's success as an independent country is due to many difficulties, but fortunately, it finally succeeded, and in 1994, it finally gained independence.
However, as a country, Iceland's location is not very good, and it can even be described as poor. The temperature here is only 7-12 degrees Celsius even in summer, which is not very high, let alone cold. In addition, there are more than 100 volcanoes. It can be said that the entire country is basically sitting on volcanic rock, but this also created many hot springs for the country.
So this country can be considered a special and unique country with ice and fire, and this point also attracts many tourists to visit. But this small country encountered a financial storm and quickly faced a crisis, even with debt exceeding one trillion, making it the world's first bankrupt country. Although this matter has been 11 years, it is still unforgettable. So after 11 years, what has become of Iceland now?
Now Iceland is developing very well and has become a tourist paradise, absolutely renewed. Iceland has abundant hydro and geothermal resources, and its energy industry is very developed. Iceland has unique geothermal utilization development technology globally. In addition, its development in other areas is also very rapid. In February 2019, Iceland ranked fourth in the 2018 Global Happiness Report, which can be seen from this point that Iceland is developing in a better direction.
