Icelandic bank executives sentenced to jail
Four former big names of Icelandic failed bank Kaupthing have been sentenced to prison by a court in Reykjavík yesterday for their involvement in mark...
Growth in exports contributing to Iceland economic recovery
Iceland’s economy rebounded in the third quarter of 2013, revealed figures from the country’s statistics agency. The North Atlantic nation’s gross dom...
Iceland PM tells failed banks to pay up
Following his controversial announcement on November 30th to wipe 150 billion króna off household mortgage debt, the Icelandic prime minister now inte...
IMF frowns at Iceland debt write-off plan
A plan to ease mortgage debts of every household in Iceland through a write-off has been criticised by the International Monetary Fund (IMF). An annou...
Inflation up in Iceland this month
Statistics released this week have shown a 3.7 per cent increase in consumer price inflation year-on-year. This reverses a downward trend the previous...
Forecast indicates Icelandic economic growth
The latest statistics from Iceland’s data analysts indicate the national economy should experience healthy growth over the next five years. Figures re...
Issuing and acquiring services provider Valitor makes mark on global stage
The Iceland-based international card payment services provider Valitor has been making its mark on the global stage in recent years
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.