CBI and FME announce new Iceland foreign currency loan interest rules
The Financial Supervisory Authority and the Central Bank of Iceland have decided to issue guidelines to financial institutions due to non-binding clau...
Whaling compromise not on the cards
An attempt to agree on a compromise between whaling nations and their opponents has failed. The Two days of private discussion were held by the Intern...
Iceland lowers interest rates
The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points.
Iceland passes law on press freedom and protection
The WikiLeaks-advised proposal to build an international “new media haven” in Iceland, with the world’s strongest press and whistleb...
Iceland Volcano News gets foreign media attention
Foreign media, including BBC News and Sky News, are being inspired by Iceland in spreading the huge news of the Eyjafallajokull volcano starting to co...
Central Bank of Iceland takes control of krona denominated bonds
The Central Bank of Iceland, on behalf of itself and the National Treasury of Iceland, has concluded an agreement with the Banque centrale du Luxembou...
Norway ranked best country to have children
Norway is the place to be for mothers and babies according to this year’s Save the Children annual report.
Jon Asgeir Johannesson resigns as director of UK retailer House of Fraser
The accused Glitnir bank fraudster, Jon Asgeir Johannesson has resigned as the director of the UK high street fashion retailer House of Fraser due to ...