The Central Bank of Iceland has today decided to keep its benchmark interest unchanged this month and has predicted ongoing economic growth, despite international economic turmoil. Read the full story

The cost of fuel in Iceland has more than doubled in five years, new data reveals. At the same time average wages have gone up by 34 percent. Read the full story

Around 4,500 Icelanders have moved to Norway since the beginning of 2008 and Statistics Iceland figures suggest that 530 Icelanders moved to Norway last year alone. Read the full story

752 people lost their jobs in 23 group layoffs last year in Iceland. The construction industry was again worst-hit and 69 percent of those laid off live in the capital region. Read the full story

Jóhanna Sigurðardóttir, Prime Minister of Iceland, says that the number of people moving away from Iceland this year is no more than in an average year — despite extensive media coverage to the contrary. Read the full story

Iceland’s Arion Bank says it is preparing to turn to international credit markets with a bond issue within the next 12 months. Arion has never issued bonds before and is the state-created successor to Kaupþing, which went bankrupt in 2008. Read the full story

Finnish-German telecoms giant Nokia Siemens has surprised the business world by announcing 17,000 job cuts, representing a very-significant 23 percent of its workforce. Read the full story

Tree-folk in Iceland are racing against time, and each other, to get Christmas trees chopped down and into the shops. Read the full story

Icelandic GDP will grow by 2.6 percent this year and 2.4 percent in 2012, according to new Statistics Iceland figures. Read the full story

The Icelandic government has approved a request for job seekers in the country to be paid a Christmas bonus again this year. Read the full story