Kaupthing Bank hf. granted a moratorium
PRESS RELEASE FROM KAUPTHING BANK: On 24 November 2008 the District Court of Reykjavik granted Kaupthing Bank hf. (“Kaupthing”) a moratori...
Business
Information and news on Business and Finance related issues
Ryanair strikes back at stuffy Swedes
In an attempt to lighten the mood of stuffy “anti-fun” Swedish politicians, Ireland-based budget carrier Ryanair has responded to outrage over an alle...
Interest in jobs abroad
People who have lost their jobs, or fear they might be fired, have shown huge interest in jobs abroad. Foreign companies see opportunities and want to...
Nordic nations top gender equality index
Once again the nations of Scandinavia are considered to have the highest levels of gender equality in the world. The Swiss-based World Economic Forum,...
Dutch, German and British loan to Iceland
A spokesman for the Dutch Ministry of Finances said earlier today that Dutch authorities will grant Iceland up to 1.3bn euro, MBL reported. The condit...
International Monetary Fund approves Iceland´s request for a two year stand-by arrangement
PRESS RELEASE FROM THE ICELANDIC PRIME MINISTER’S OFFICE: The Executive Board of the International Monetary Fund (IMF) has approved Iceland’s re...
Fitch: Iceland exchange rate stability key to IMF programme
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Today, Fitch Ratings issued a press release on the IMF Executive Board Approval on US$2.1 Billion Stan...
IMF Executive Board Approves US$2.1 Billion Stand-By Arrangement for Iceland
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Executive Board of the International Monetary Fund (IMF) today approved a two-year SDR 1.4 billion...