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

So far this year approximately the same number of foreign citizens have moved to Iceland as have moved away. Read the full story

An Icelandic economist says the Central Bank of Iceland’s intention to use investment as a way to reduce the risk associated with removing currency exchange restrictions is a good one; but that questions should still be asked about whether or not the Icelandic króna is a viable currency. Read the full story

Iceland’s Regional Development Institute has released figures it claims show the economy outside Reykjavik is now more diverse than it was in 2004 and that growth has exceeded that within the capital region. Read the full story