Icelandic finance minister: debt relief plans won’t affect budget surplus
Iceland’s household debt relief plans will not threaten the 2014 budget surplus, according to Finance Minister Bjarni Benediktsson.
Iceland keeps rates unchanged after supporting króna market
Iceland’s central bank Seðlabanki has kept its interest rate the same for a seventh meeting in a row after it intervened in the currency market.
Iceland bank wants loan extension
Iceland’s state-run Landsbanki bank wants to renegotiate the conditions of a £1.5bn bond in an effort to slow payments to other countries’ governments...
Icelandic PM says UK banks risk collapse
Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson has said that the UK has not learnt from the global financial crisis and is now faced with the s...
Iceland key interest rate unchanged, growth forecasts lowered
Iceland’s central bank has kept it key interest rate unchanged at six per cent while lowering its forecasts for growth. The country has now kept inter...
Asian investors interested in Íslandsbanki
An Asian investment group is eyeing up Íslandsbanki, one of the financial institutions created after Iceland’s economy collapsed, offering a ray of ho...
Central Bank of Iceland closes last vault outside Reykjavik
The Central Bank of Iceland Seðlabanki has closed its last remaining vault outside the capital, Reykjavik. The move comes as part of an ongoing Seðlab...
OECD advise Iceland to tighten monetary policy
The Organization for Economic Cooperation and Development (OECD) has said that Iceland should raise interest rates to slow the rate of inflation, and ...