Iceland unemployment falls to 80-month low
The jobless rate in Iceland dropped for the second consecutive month in June to hit an 80-month low, revealed the latest figures from Statistics Icela...
Moody’s upgrades Iceland credit rating
Moody’s Investors Service announced, Monday, that it had moved the country’s credit rating up a notch to Baa2, citing an improved outlook to the...
Iceland’s central bank raises rates
Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. ...
Iceland to lift capital controls
Iceland looks set to end its capital controls following a parliament vote in favour of tightening financial regulations. The Icelandic government has ...
Iceland repays debt owed to Poland
Iceland is ready to pay the 50 million euros it owes the Polish government – money that was paid in the wake of the 2008 financial crisis. Icelandic F...
Protests over Iceland’s whale meat shipment to Japan
Environmentalists are protesting an Icelandic whaling company’s shipment of fin whale meat to Japan, insisting that it goes against international cons...
Icelanders looking for 50% pay rise
About one-third of Iceland’s workforce are demanding to receive pay rises of as much as 50 per cent, in a move that threatens to have major consequenc...
Iceland’s central bank likely to increase interest rates
Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...