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.