Former Baugur head pleads not guilty
The former head of Icelandic investment group Baugur has pleaded not guilty to fraud charges relating to his actions leading up to the country’s 2008 ...
Iceland PM: capital controls may stay past deadline
Iceland’s Prime Minister has said that the island nation’s capital controls may need to remain in place beyond the 2013 deadline.
Sedlabanki retains Iceland interest rate
The central bank of Iceland has opted not to change the country’s primary interest rate. Sedlabanki officials announced that the seven-day collaterali...
Scottish councils reimbursed by Iceland banks
Scottish councils have been reimbursed for the lion’s share of investments lost in the 2008 Iceland banking collapse. According to a Scotsman.com, a g...
Iceland central bank: interest rate could still rise
Officials from Iceland’s central bank have said that interest rates could rise further to compensate for increased wage settlements. The comments via ...
Central bank raises Iceland interest rates
Iceland’s central bank has opted to raise the country’s primary interest rate by 0.25 percent. Officials from Sedlabanki said that the move comes amid...
Iceland looks to prevent mortgage bubble burst
The Icelandic government is looking to ensure that its housing market does not become the country’s next financial liability after the 2008 banking co...
Watchdog: ‘Icelandic banks dealing with uncertainty, risk’
Iceland’s financial whistleblowing agency has said that state-backed Icelandic banks are operating under uncertainty and a number of risks.