Board of Directors of SPRON charged with breach of trust
The Office of the Special Prosecutor in Iceland has charged the Board of Directors of SPRON, the country’s largest Savings Banks, which collapsed duri...
Former Kaupthing bosses charged with fraud
The former chief executive and chief financial officers of Kaupthing have been charged with fraud and breach of trust by Iceland’s special pros...
Iceland plans euro bond sale
Iceland is planning to sell its first euro bond since 2006, moving away from the US dollar funding it has been dependent on since its economy crashed ...
Icelandic premier says LBI will not be exempt from restrictions
Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has insisted that failed bank LBI hf will not be exempt to the country’s capital controls.
Iceland homeowners get welcome boost
Iceland says it has launched a debt cancellation initiative for mortgage holders which is likely to benefit half the households in the country.
Iceland advised to drop bank creditor programme
Iceland must take a stronger stance on world creditors as its failed banks aim to safeguard the failed króna in a planned exit from a six-year capital...
Landsbanki suffers homes for loan repayment setback
Icelandic bank Landsbanki has suffered a setback after its Luxembourg branch lost an appeal against French authorities seizing debts of clients who lo...
Iceland: Central bank governor could be replaced
Iceland has advertised the central bank governor position after current governor Már Guðmundsson questioned the government’s decision to go ahead with...