Iceland's Central Bank Governor Mar Gudmundsson

Iceland's Central Bank Governor Mar Gudmundsson

Andrew Harrer/Bloomberg

Iceland's central bank Governor Mar Gudmundsson said, “We’ve said that Iceland can live with the krona, but then we have to do this and that. And it may well be the case that we don’t like all the things we have to do. Then we have to consider other options. Another option is to join a large currency union.”