Unbowed Icelandic PM sends a strong message to UK
In an emotional address to parliament today, Icelandic Prime Minister Geir H. Haarde summed up the tempestuous waves of misfortune that over the last ...
Business
Information and news on Business and Finance related issues
Actavis not affected by economic events in Iceland
The operations of generic pharmaceutical company Actavis will not be affected by the financial crisis in Iceland, the company reports. Actavis, which ...
Payments to Icelandic banks
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Due to the extraordinary circumstances in banking today we have a reason to believe that some payments...
Volvo to lay off 3,000 staff in Sweden
On the back of a previous announcement to lay off 2,900 staff earlier this year, Volvo has revealed it plans to make an additional 3,000 employees red...
Temporary foreign exchange arrangements
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND The Central Bank of Iceland has come to an agreement with market makers in the foreign exchange market,...
3.5% policy rate reduction announced by Central Bank of Iceland
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Central Bank of Iceland today announced a decision to reduce the policy rate by 3.5%. The Icelandi...
Icelandic delegation talks in Moscow
An Icelandic delegation held talks about the possible loan from Russia to Iceland in Moscow earlier today, according to Reuters. The talks are reporte...
British government offers loan to Landsbanki
Alistair Darling, the British finance minister announced that the Bank of England will give a loan of 100 million pounds to reimburse British deposito...