Concerned with the state of the Icelandic economy, Hördur Torfason staged a one man protest in October 2008.
Critics have cited its depiction of certain British banks as being succubi on the Icelandic economy as "over-the-top and defamatory."
Though designed to be temporary, the controls remain and are among the biggest hurdles for regaining international interest in the Icelandic economy.
During the latter part of the 1960s, the Icelandic economy suffered a series of setbacks.
Since July 2009, he has been influential in charting a course for the Icelandic economy out of the present economic and financial crisis.
Its prosperity initially rested on the fishing industry, but with the gradual contraction of this sector the Icelandic economy developed into new areas.
It displays the story of salt fish production and its importance for the Icelandic economy throughout the centuries in a specially designed building of 650m.
On account of the relative weight that the fisheries sector has within the Icelandic economy, difficulties with harmonising policies intrinsic to the sector may arise.
However, in 2008, the Icelandic economy entered a deep recession in correspondence to the global financial crisis.
However, the financial crisis still had a serious negative impact on the Icelandic economy.