Posted on 18 January 2012.
Investment and holdings companies in Iceland have had 83 percent of their debts written off since a law was passed on helping indebted individuals, households and companies following the 2008 banking crash up to 30th September last year. Read the full story
Posted in Business, General, Iceland, MBL, PoliticsComments (0)
Posted on 11 December 2011.
Icelandic households are among the most indebted in Europe, when debts are compared to earnings. The potentially worrying figures may have reasonable explanations, an economics professor says. Read the full story
Posted in European Union, General, Iceland, MBL, SocietyComments (0)
Posted on 23 November 2011.
The estate of Iceland’s defunct Glitnir Bank has paid back all its debts to the Central Bank of Luxembourg, two years ahead of schedule. Read the full story
Posted in Business, General, Iceland, International, MBLComments (0)
Posted on 12 November 2011.
Karl Wernersson, the controversial Icelandic investor and former majority owner of the holding company Milestone, has completed a debt review with Islandsbanki and will in all likelihood be allowed to keep his Lyf og Heilsa chain of pharmacies — to the dismay of many. Read the full story
Posted in Business, General, Iceland, MBL, SocietyComments (0)
Posted on 03 November 2011.
Ingvar Vilhjalmsson, the former director of the market trade division at Iceland’s (now bankrupt) Kaupthing Bank, now needs to repay the bank’s estate around ISK 2.6 billion (EUR 16.36 million) in loans which had effectively been written off. Read the full story
Posted in Business, General, Iceland, MBL, SocietyComments (2)
Posted on 20 September 2011.
The British businessman Vincent Tchenguiz, who was closely linked with the Icelandic bank Kaupthing, has struck a deal with the defunct bank’s resolution committee. He will now stop his pursuit of damages against the bank. Read the full story
Posted in Business, General, MBL, United KingdomComments (1)
Posted on 31 August 2011.
Reykjavik police were this morning involved in a stand-off with protesters trying to stop a house being auctioned off due to mortgage arrears. Read the full story
Posted in General, Iceland, MBLComments (1)
Posted on 16 August 2011.
The private company Exeter Holdings has been declared bankrupt. The company has been at the centre of a loans scandal. Read the full story
Posted in Business, General, Iceland, MBLComments (0)
Posted on 10 June 2011.
The EFTA surveillance authority, the ESA, has ruled that the Icelandic authorities are required to pay out the minimum insurance amount on Icesave deposits in the UK and Netherlands. Read the full story
Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (56)
Posted on 05 June 2011.
The Swedish Enforcement Authority has revealed that Swedish women are now defaulting on SMS loans at the same rate as men, for the first time ever. Read the full story
Posted in Business, General, MBL, Society, SwedenComments (0)
Iceland central bank holds rates, predicts ongoing economic growth
Continued Malmö violence embarrasses police
Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
Iceland historic French village restoration finance secured
Murder in Hafnarfjörður
Workplace drug tests increase tenfold
Mythical Icelandic monster captured on film?
Explore Vatnajökull and Jökulsárlón in Iceland with Glacier Lagoon tour
Ocean turbine designer: “Iceland could up its energy production twentyfold”
