Rafael Martins de Lima gave a conference on Spanish-Icelandic chamber of commerce in Reykjavik on 11 June 2015. The main Icelandic newspaper MORGUNBLAÐIÐ, published an article about the conference.
There he spoke about the problems of providing financial products no understood by people or small businesses.
In Iceland, many people have been trapped with loans linked to inflation or to foreign currency. That currency has an exchange rate that has nothing to do with the one used in their salaries. This can lead to individuals and SMEs impossible to afford the repayment of loans.
He also spoke about the Spanish economy as it has changed substantially in recent years in terms of weight of exports and construction sector.
To see the full article download it below