If not, is there a good counter example that shows an iterative algorithm for which there exists no recursive counterpart?
If it is the case that all iterative algorithms can be expressed recursively, are there cases in which this is more difficult to do?
Also, what role does the programming language play in all this? I can imagine that Scheme programmers have a different take on iteration (= tail-recursion) and stack usage than Java-only programmers.
There's a simple ad hoc proof for this. Since you can build a Turing complete language using strictly iterative structures and a Turning complete language using only recursive structures, then the two are therefore equivalent.