SAS in merger talks with Lufthansa
Scandinavian airline SAS’s shares were temporarily suspended on Monday after Reuters reported that the airline has opened the first round of merger ta...
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...
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...