CDS levels in Iceland continue to fall
CDS spreads on Icelandic banks improved significantly last week, according to research from Nordic bank Glitnir. Kaupthing’s CDS level fell by 3...
Bank results dispel fears over Icelandic economy
Concerns over the Icelandic economy have receded following the publication of financial results of the three main banks in Iceland, reports the Financ...
Icelandic economy will avoid recession says IMF
According to a recent forecast from the International Monetary Fund, Iceland’s economic growth in 2008 will be higher than the IMF had predicted in it...
Iceland can avoid recession says PM
The Prime Minister of Iceland, Geir Haarde, said the economy could evade a recession forecast by the Ministry of Finance and the Icelandic Central Ban...
Icelandic CDS levels keep falling
Credit default swap (CDS) levels on Icelandic banks have fallen considerably following credit agreements between Iceland and the central banks of Swed...
Nordic banks boost Icelandic economy
Three Nordic central banks have lent Iceland credit of up to 1.5 billion euros ($2.3 billion) to strengthen the country‘s foreign currency reserves, r...
Turnaround in Icelandic CDS levels signals end of ‘raid’
The development of CDS spreads on Icelandic banks has reached a turnaround point and is now moving away from the peak it reached at the end of March, ...
UK hedge fund reported to Icelandic and UK authorities
The Financial Services Authorities (FSA) in the UK and Iceland have been warned about a London-based hedge fund which disapproved of a British profess...