Iceland puts up interest rate to 18%
The Central Bank of Iceland has announced that the key interest rate will increase by 6% to 18%. The bank recently lowered the rate by 3.5% from 15.5%...
Iceland takes decisive action with the launch of an economic stabilisation plan in conjunction with the IMF
PRESS RELEASE FROM THE ICELANDIC PRIME MINISTER’S OFFICE: The Icelandic Government has reached an agreement ad referendum with a mission from th...
IMF: fiscal stability imperative for Iceland
The press conference held by the IMF delegation in Iceland this afternoon stressed the point that presently data is being gathered to evaluate the sit...
Breaking News: Iceland entering formal negotiations with the IMF
The press conference held today at 2pm Icelandic time revealed details about the discussions between the Icelandic government and the IMF delegation. ...
Update: Icelandic government opposition not happy
The opposition of the Icelandic government is not happy with the outcomes of the negotiations with the IMF delegation in Reykjavik today.
Breaking News: IMF discusses help to Iceland
Bjorgvin G. Sigurdsson, the Minister of Trade, Thorgerdur Katrin Gunnarsdottir, the Minister of Education, Science and Culture, Arni Mathiesen, the Fi...
Diverted Manchester schoolkids overnighted at Akureyri airport
UPDATE: The Manchester schoolchildren, along with other passengers from the aeroplanes from London and Dublin, were supplied with blankets and pillows...
Norwegian Government Officials to Iceland for Talks on the Country’s Economy
A delegation of Norwegian Government Officials has arrived in Iceland, ready for talks with Icelandic authorities on the country’s current financial s...