Iceland's Economy Forces McDonald's To Close

from National Public Radio

McDonald's has become the latest victim of Iceland's exposure to the world financial crisis. The country's three McDonald's — all in the capital Reykjavik — will close next weekend. The franchise owner says the country's currency has made it too expensive to import ingredients. Under an agreement with MacDonald's, he has to import everything from Germany.

Broadcast Dates

• Morning Edition, October 27, 2009