IMF loan to Iceland flounders
After postponing the negotiations by the IMF board three times, the fund withheld official backing for the planned $6bn loan to Iceland, Financial Tim...
Actavis in business alliance with a Japanese generic pharmaceutical manufacturer
Actavis announced a preliminary agreement with ASKA Pharmaceutical concerning the establishment of a joint company: Actavis ASKA Co., Ltd. The plan is...
Wise travelling in winter Iceland
Those wanting to see Aurora borealis might know the bad news: it appears only during winter. But there is no coin with only one side and travelling in...
IMF loan to Iceland blocked by Dutch and British
Wouter Bos, Dutch Minister of Finance, and his British counterpart Alistair Darling are blocking a €2.1bn loan from the International Monetary Fund to...
UK European Parliament member disappointed by UK government
According to Icelandic morning paper Morgunbladid, Diana Wallis, who is the Vice Presidenet of the European Parliament and a UK Liberal Democrat, has ...
Fly drive apartment hotel in Iceland attracting more families
The Icelandic apartment hotel, Hotel Hafnarfjordur is pushing its family friendly and value for money credentials to coincide with an increase in visi...
UK pours hundreds of millions pounds into IceSave
The British authorities have decided to put GBP 800 million into the accounts of British depositors in IceSave, MBL reported. Alistair Darling, the Br...
The Central Bank of Iceland leaves its policy rate unchanged
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Board of Governors of the Central Bank of Iceland has decided to hold the Bank’s policy inte...