23 AprIcelandic Minister for the Environment Guðmundur Ingi Guðbrandsson, who in 2012 opposed the building of a container port in Finnafjörður fjord, Northeast Iceland, now declines to comment on the matter.
14 JanBjarni Benediktsson, Ministser of Finance and Economy says that the state needs to pull out of its extensive ownerships of Icelandic banks, sell Íslandsbanki and keep a 35- 45 % share of Landsbankinn.
8 Nov 2017Amongst the individuals found in the Paradise Papers are the names of Icelandic investors Björgólfur Thor Björgólfsson, Gísli Hjálmtýsson and Róbert Guðfinnsson, as well as a few employess of the National Power Company of Iceland.
13 Sep 2017According to new figures, unemployment in Iceland is 2%, which is the lowest figure for unemployment of all the OECD counries. Two countries have under 3% unemployment, the Czech Republic (2.9%) and Japan (2.8%).
15 Feb 2017The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 5%.
20 Dec 2016Tourists have spent ISK 217 billion (approx. €1.8 billion) on their credit cards so far in 2016, with the month of November standing out as a period of strong growth for the Icelandic tourist industry.