Kaupthing creditors own majority of Arion: confirmation
(PRESS RELEASE from the Kaupthing resolution committee:) The Resolution Committee of Kaupthing Bank contributes up to ISK 66 billion in common equity
Horse breeding stables Urvalshestar exporting Icelandic horses for the whole world
Icelandic horses are perhaps on the small side, but they are also incredibly strong, sure footed and intelligent. Their unique appearance and extraord...
Iceland celebrates Thanksgiving 2009
Many Icelanders are commemorating the 2009 Thanksgiving celebrations this weekend by holding various parties and serving traditional U.S and Icelandic...
Iceland provides perfect surroundings for stress-free Christmas break
Christmas is known as everyone’s favourite time of year, but according to a recent poll by MORI, four out of five adults find the festive period stres...
Kaupthing Bank changes to Arion Banki
Press release from Arion Banki: From yesterday, 21 November 2009, New Kaupthing Bank changed its name to Arion banki. The new name signals a new direc...
deCODE Genetics files for voluntary bankruptcy
(Press release) deCODE genetics Inc. (Nasdaq:DCGN) today announced that it has filed a voluntary petition for relief under Chapter 11 of the United St...
Visit Iceland participates in World Travel Market 2009
Icelandic Tourist Board, Visit Iceland, is representing the Land of Fire and Ice at this year’s World Travel Market in London, between 9th and 12th No...
Iceland lowers policy rate
The Monetary Policy Committee (MPC) has voted to lower the deposit rate (current account rate) by 0.5 percentage points to 9%. The maximum volume at w...