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 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)
Posted on 17 May 2011.
Standard & Poor’s has followed Fitch Ratings in delivering positive news on Iceland’s creditworthiness. However, both companies have stopped short of upgrading the country’s ratings. Read the full story
Posted in Business, General, Iceland, MBLComments (70)
Posted on 06 February 2011.
Iceland’s opposition Independence Party reportedly mortgaged its headquarters last month for a ISK 125 million (USD 1.07 million) payout from Islandsbanki. Read the full story
Posted in Business, General, Iceland, MBL, PoliticsComments (3)
Posted on 03 December 2010.
The Icelandic government today signed a declaration of intent with the country’s pension funds and loan providers aimed at tackling the problems of indebted householders. Read the full story
Posted in Business, General, Iceland, Lifestyle, MBL, Politics, SocietyComments (14)
Posted on 10 November 2010.
It is now believed that 93 percent of Icesave and other priority foreign claimants can be covered by the assets of Old Landsbanki. Read the full story
Posted in Business, General, Holland, Iceland, International, MBL, Society, United KingdomComments (1)
Posted on 14 October 2010.
A young man threw a violent tantrum yesterday at the office of Iceland’s debt management ombudsman in Reykjavik. The man broke a partition, a computer and a window in his rage during a meeting with a debt counsellor. Read the full story
Posted in General, Iceland, MBL, PoliticsComments (0)
Posted on 07 October 2010.
The chief representative of the IMF in Iceland yesterday said that current protection measures for indebted householders are sufficient and that people now need to concentrate on using them to their full advantage. Read the full story
Posted in General, Iceland, MBL, Politics, SocietyComments (4)
