Iceland is becoming too expensive for it´s own good
Reykjavik is the most expensive capital to visit in Europe, if you look at average prices of a large local bear, a three course meal in an average res...
Dunkin’ Donuts launches in Iceland
Dunkin’ Donuts has debuted in Iceland with the launch of its first store in the capital Reykjavik. The outlet opened on Wednesday, with hordes of peop...
Iceland’s pension funds can be invested overseas again
The Central Bank of Iceland will allow pension funds to be invested abroad once more when it lifts capital controls that were implemented in 2008 late...
Iceland’s central bank raises rates
Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. ...
Iceland repays debt owed to Poland
Iceland is ready to pay the 50 million euros it owes the Polish government – money that was paid in the wake of the 2008 financial crisis. Icelandic F...
Icelanders looking for 50% pay rise
About one-third of Iceland’s workforce are demanding to receive pay rises of as much as 50 per cent, in a move that threatens to have major consequenc...
Iceland’s central bank likely to increase interest rates
Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...
Iceland: 11% fall in catch value in 2014
Iceland’s catch value decreased by 11 per cent to 136 billion kronor last year, according to the most recent data from Statistics Iceland. The total v...