The Landsbanki freezing order
HM Treasury has issued a notice to provide guidance in relation to the Landsbanki Freezing order between Iceland and UK, which should smoothen the fin...
Iceland
Topics and News related to Iceland
Tromso’s 2018 Winter Olympic dream over
In the end it was the price tag that sank Tromso’s bid for the 2018 Winter Olympics. In these uncertain economic times, nearly every organisation in N...
Former Finnish President Martii Ahtisaari wins Nobel Peace Prize
The 2008 Nobel Peace Prize was awarded to former Finnish President Martii Ahtisaari by the Norwegian Nobel Committee for his “important efforts” in re...
Status of domestic and international payment intermediation
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Domestic payment intermediation between banking institutions and their customers is proceeding smoothl...
Unbowed Icelandic PM sends a strong message to UK
In an emotional address to parliament today, Icelandic Prime Minister Geir H. Haarde summed up the tempestuous waves of misfortune that over the last ...
Actavis not affected by economic events in Iceland
The operations of generic pharmaceutical company Actavis will not be affected by the financial crisis in Iceland, the company reports. Actavis, which ...
Payments to Icelandic banks
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Due to the extraordinary circumstances in banking today we have a reason to believe that some payments...
Volvo to lay off 3,000 staff in Sweden
On the back of a previous announcement to lay off 2,900 staff earlier this year, Volvo has revealed it plans to make an additional 3,000 employees red...