Iceland readying for euro transition
Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports.
Iceland PM Johanna Sigurdardottir to quit politics
Iceland’s Prime Minister Johanna Sigurdardottir has said that she will quit politics next spring at the end of her current term.
Iceland to add regulations before the removal of capital controls
Officials in Reykjavik are to introduce new rules for the movement of capital before lifting overall controls.
Finnish blueberries see high demand in China
Blueberries from Finland are seeing growing popularity in the Far East. According to a report by YLE this week, the popularity of the small fruit is o...
Ólafur Ragnar Grímsson sworn in President for record 5th term
Ólafur Ragnar Grímsson was sworn in for the 5th time as President of Iceland today after having won the presidential elections last June against five ...
Iceland Finance minister: years before Iceland will lift capital controls
Iceland’s finance minister says it will be years until the country can completely eliminate capital controls, despite the fact that the government has...
Iceland making fast progress in EU membership bid
Iceland has taken another step towards EU membership but admits the contentious issue of fishing quotas is likely to slow down its fast progress.
Iceland PM: Europe should copy us
Europe should follow Iceland’s model of winning public support for austerity measures and returning to economic growth after a crisis, according to Ic...