Iceland confident of removing capital controls blocking billions
Iceland is confident it will soon be able to remove capital controls that are blocking assets worth around $7.2bn being offloaded, revealed the prime ...
Iceland keeps rates unchanged after supporting króna market
Iceland’s central bank Seðlabanki has kept its interest rate the same for a seventh meeting in a row after it intervened in the currency market.
Iceland bank wants loan extension
Iceland’s state-run Landsbanki bank wants to renegotiate the conditions of a £1.5bn bond in an effort to slow payments to other countries’ governments...
Iceland economy expands in first half of 2013
Iceland’s economy grew during the first six months of 2013, helped by exports and consumer spending, revealed data from Statistics Iceland. Gross dome...
Iceland key interest rate unchanged, growth forecasts lowered
Iceland’s central bank has kept it key interest rate unchanged at six per cent while lowering its forecasts for growth. The country has now kept inter...
Asian investors interested in Íslandsbanki
An Asian investment group is eyeing up Íslandsbanki, one of the financial institutions created after Iceland’s economy collapsed, offering a ray of ho...
OECD advise Iceland to tighten monetary policy
The Organization for Economic Cooperation and Development (OECD) has said that Iceland should raise interest rates to slow the rate of inflation, and ...
Iceland records first quarter growth of 4.6 percent
Iceland recorded a 4.6 percent growth in its economy in the opening three months of 2013 compared to the final quarter of 2012.