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...
Icelandic government responds to mackerel debate
Both Iceland’s ambassador to the United Kingdom and the chief negotiator on mackerel fishing have issued statements today in regards to the ong...
Iceland key partner in extensive development project on geothermal energy
Össur Skarphéðinsson, Minister for Foreign Affairs of Iceland, presented today the most extensive development project Iceland has participated in. It ...
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.
Local council in England recoups more losses from Iceland banking collapse
The local council in Wiltshire, England, has been compensated for almost half of its losses suffered in the 2008 banking crash in Iceland.
British investigators abandon inquiry into Iceland’s Kaupthing bank
Fraud investigators in the UK have dropped a probe into the collapse of Reykjavik-based Kaupthing bank due to a lack of evidence.
Valitor to expand its international issuing services with new hyperWALLET Systems partnership
Valitor, the Iceland-based acquiring services provider, has recently signed a new partnership with hyperWALLET Systems Inc. to expand its internationa...