Iceland central bank boss loses salary lawsuit
The governor of Iceland’s central bank (Sedlabanki) has lost a court battle over a 2009 salary cut. The ruling came on Wednesday 3 October when a Reyk...
Iceland readying for euro transition
Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports.
European regulators: Iceland violated EU rules for Icesave clients
European regulatory officials have said that Iceland violated EU regulations amid its 2008 banking collapse. The European Free Trade Association’s Sur...
Sweden takes top spot in Tim Berners-Lee web index
A new ‘state-of-the-web’ index by Sir Tim Berners-Lee has listed Sweden in first place, ahead of the United States. The new list from the World Wide W...
Valitor expands issuing and processing services for prepaid programs within European countries
Iceland-based multi-brand payment card acquirer Valitor has expanded its issuing and processing services for prepaid programs within European countrie...
Slowing Iceland inflation amid strong krona
The rise in value of Iceland’s currency has slowed the country’s annual inflation rate.
Iceland to add regulations before the removal of capital controls
Officials in Reykjavik are to introduce new rules for the movement of capital before lifting overall controls.
Iceland central bank halts interest rate hikes
The central bank of Iceland has ended a series of interest rate increases due to anticipated rises for the country’s currency.