81 views Photo Uploaded: Oct 28 2009 21:02:07 GMT Taken: 2009:10:27 17:24:16 Manufacturer: Canon Camera: Canon EOS 40DAperture: F5.6 Shutter: 1/50 sec ISO: 500 Flash: No (Turned off) Due to the bad economy here in Iceland , McDonalds, is closing down next saturday .
According to the CEO of McDonalds in Iceland, this is because that the Icelandic currency is low, and they have to import everything from Germany.
The Icelandic Krona has fallen 100 % to the Us Dollar since the banking crisis last year.
So the McDonalds franchise is no more in ICeland , and instead there will still be burgers at the McDonalds location, but new name - and no Mcdonalds franchise.
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