IceSave to be covered by mutual agreement
The Icelandic Prime Minister, Geir H. Haarde is determined not to let the current economic situation ruin the long-standing friendship between Iceland...
Politics
Information and news on politics in Iceland, Scandinavia and Northern Europe
This is against the law says UK’s prime minster Gordon Brown in a BBC interview
According to the UK Prime Minster, Gordon Brown in an Interview with the BBC earlier today “The Icelandic banks have failed not only the people of Ic...
Icelandic PM: terrorist law must not be applied to Iceland
The Icelandic government is said to be angry at the approach of the British Prime Minister Gordon Brown concerning depositors of Landsbanki. (Read Ice...
Norway’s sovereign “oil fund” takes heavy hit
In a crippling ripple effect of the Wall Street market meltdown, Norway’s special “oil fund” may have lost nearly all of its profits garnered over the...
Statement by the Prime Minister of Iceland
The Icelandic government appreciates that the British authorities are willing to step in and respond to the immediate concerns of depositors of Landsb...
IceSave customers to get UK support
All UK savers with accounts in Icesave, the closed Icelandic internet bank, will get all their money back, ensured Chancellor Alistair Darling in an i...
Denmark’s government creates bailout fund
In these times of economic uncertainty, Denmark has taken the pre-emptive step of creating a 35 billion kroner fund in conjunction with the country’s ...
The Icelandic financial supervisory authority takes over Glitnir Bank
Based on new legislation, the Icelandic financial supervisory authority (IFSA) has proceeded to take control of Glitnir Bank. The bank is now under th...