Business is booming for small Icelandic companies
One year after the financial meltdown in Iceland when the three main banks, Kaupthing, Glitnir and Landsbanki collapsed, and many big Icelandic firms ...
New Kaupthing and Islandsbanki recapitalisation announced
Further to the announcement of 20 July 2009 and following shareholder meetings of Islandsbanki and New Kaupthing today, the Government of Iceland is p...
New Government Agreement regarding Icelandic Banks
The government introduced an agreement with the bank’s resolution committee at a press conference today which was held in the National Theatre i...
Belgians to receive reimbursements from Kaupthing this week
Around 16,000 Belgians that had deposits and balances in Luxembourg’s Kaupthing branch will be expected to receive reimbursements later this wee...
Icelandic banks secretly buying fishing permits?
As reported on IceNews, the Rod Fishing Association of Seydisfjordur confirmed a few weeks ago that when it pressed the banks on whether they would be...
Iceland president clarifies German savings position
STATEMENTFROM THE PRESIDENT OF ICELAND: Following a misleading report of an interview with the President of Iceland Olafur Ragnar Grimsson in the Fina...
Statement from the Icelandic Government Concerning Legal Proceedings Against UK Authorities
PRESS RELEASE FROM THE PRIME MINISTER’S OFFICE: The Government of Iceland has decided to examine any and all possibilities of Iceland seeking re...
Kaupthing seeks recognition of moratorium in the U.S.
PRESS RELEASE FROM KAUPTHING BANK: Kaupthing Bank hf. (the “Bank”) has on 30 November 2008 filed a voluntary petition under Chapter 15 of ...