Inspired by Iceland

Tag Archive | "finance"

Acquitted money launderer suing Iceland


A man accused of money laundering and then let off without charge is suing the Icelandic State and demanding an apology. Read the full story

Posted in Business, Iceland, MBL, PoliticsComments (0)

Will higher safety standards lead to fewer domestic flights in Iceland?


The head of the organisation which runs Iceland’s airports says that increased safety requirements will quite likely lead to two or three domestic flight destinations being cancelled and the number of flights to others decreasing. Read the full story

Posted in Business, Iceland, MBL, Technology, TravelComments (0)

Icelander embroiled in international financial crime investigation


The Reuters news agency has released a detailed report on the alleged role of Icelander Viggó Þórisson in an international embezzlement case. Read the full story

Posted in Business, General, Iceland, International, MBL, United Kingdom, United StatesComments (0)

2012 national budget approved by Icelandic parliament


Next year’s national budget bill has been approved by Iceland’s Alþingi parliament after a marathon voting session. Read the full story

Posted in General, Iceland, MBL, Politics, SocietyComments (0)

Reykjavik District Court makes small ruling with wider implications


A small Icelandic company has won its case against the finance company Lýsing that its loan contract agreement for the purchase of machinery was illegal. The ruling is a blow to embattled financiers, but will be welcomed by many businesses still struggling with debt. Read the full story

Posted in Business, General, Iceland, MBLComments (0)

Economists still question long-term future of Icelandic króna


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

Posted in Business, General, Iceland, International, MBLComments (2)

Gordon Brown to start blogging for Landsbanki


Former British Prime Minister Gordon Brown is one of the big names due to start blogging on a new discussion forum run by Iceland’s Landsbanki bank. Brown is still affectionately-known in Iceland as the man who branded Landsbanki a terrorist organisation and destroyed Iceland’s economy Read the full story

Posted in Business, General, Iceland, International, MBL, Politics, United KingdomComments (0)

Icelandic state buys land and energy rights in municipal tax debt swap deal


The Icelandic Minister of Finance says that it is not wasteful for the state to pay ISK 300 million of taxpayers’ money to buy two plots of land owned by the Reykjanesbaer municipality. Read the full story

Posted in Business, Energy, Environment, General, Iceland, MBL, PoliticsComments (0)

FinMin believes international markets are warming to Iceland


Iceland will soon have normal access to international financial markets once again, according to the country’s finance minister, who met with foreign banks, ratings agencies and funds in Washington DC this weekend. Read the full story

Posted in Business, General, Iceland, International, MBL, PoliticsComments (0)

IKEA Denmark pays millions into tax haven


The Socialist People’s Party of Denmark has accused furniture giant IKEA of cheating the country out of large sums it should be handing over in tax. Read the full story

Posted in Business, Denmark, General, International, MBL, PoliticsComments (0)

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