Reduced quota affects HB Grandi earnings
A reduced capelin quota has resulted in less earnings and operating profits for Icelandic trawler firm HB Grandi over the first three months of 2014.
Iceland and China announce start date of FTA
The free trade agreement (FTA) between Iceland and China, which was signed last month, will officially begin on 1 July.
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 President: Climate change affecting fish stocks
Iceland President Ólafur Ragnar Grímsson has said climate change is hugely impacting the fish stocks in the Arctic. He explained that with the ...
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...
Iceland to replace smallest banknote
The Central Bank of Iceland has revealed that it is thinking about phasing out the 500 kronur banknote and replacing it with a coin as well as getting...
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...