The Intercultural Centre and Landsbanki have teamed up to offer financial advice to people of foreign origin in Iceland. The goal is to offer sound and accessible financial advice to Intercultural Centre visitors who are experiencing financial difficulties. Read the full story

PRESS RELEASE FROM Ministry for Foreign Affairs 
Significant progress has been made towards solving the differences on the interpretation of legal obligations with respect to deposit guarantees in the European Economic Area. The issue stemmed from difficulties following the collapse of former privately-owned Icelandic banks, in particular the Landsbanki in the United Kingdom and the Netherlands and the issue of the so-called Icesave accounts. Talks between Iceland and several EU member states, initiated by the French EU Presidency, led to a common understanding that will form the basis for further negotiations. Read the full story