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Tag Archive | "gylfi magnusson"

Iceland’s embattled minister to meet with government


Embattled Gylfi Magnusson, Iceland’s trade minister, has been invited to a meeting with both government coalition parties this morning. The subject of the meeting will be foreign currency indexed loans. Read the full story

Posted in Business, General, Iceland, MBL, PoliticsComments (1)

Pressure building on Icelandic minister


Pressure is mounting on Iceland’s Minister of Trade, Gylfi Magnusson, to resign over allegations he deliberately misled parliament a year ago. Read the full story

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“Fitch Ratings unnecessarily harsh over Iceland currency loans ruling”


Iceland’s minister for trade, Gylfi Magnusson, says the cautionary words from the CEO of Fitch Ratings about the Icelandic Supreme Court’s ruling that foreign currency loans are illegal do not come as a surprise. Magnusson says the uncertainty surrounding how such loans will be dealt with now is unsettling. Read the full story

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Icelanders want to keep non-political ministers but also have fewer ministries


gylfi-magnussonSome 80 percent of Icelanders surveyed by Capacent Gallup say they support having one or more non-elected government ministers; and three quarters also support government proposals to lower the number of ministries. The result is not pleasant reading for the least popular elected ministers. Read the full story

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Iceland currency exchange restrictions lead to 28 legal cases


gylfi-magnusson28 cases of organisations breaking Iceland’s strict temporary currency restrictions have been sent to the FME financial regulator, according to Minister for Economic Affairs Gylfi Magnusson. Read the full story

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Icelandic government represented by top PR firm


skjaldamerkiIceland’s Ministry of Finance last year hired one of the most sought after PR companies in the world to protect Icelandic interests abroad and liaise with foreign media. Read the full story

Posted in Business, Iceland, International, Marketing and Consulting, MBL, PoliticsComments (0)

Relaxation of Iceland capital controls to begin


gylfi-magnussonIceland’s Minister for Economic Affairs, Gylfi Magnuson says that restrictions on capital inflow to Iceland will be lifted next week. The move is an important precursor to lifting restrictions on capital outflow as well, he said. Read the full story

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No decision on Iceland central bank merger


SeðlabankinnGylfi Magnusson, Icelandic Minister for Economic Affairs says it has yet to be decided whether the country’s financial regulator (FME) and the Central Bank of Iceland will be merged. Read the full story

Posted in Business, Finland, Iceland, MBL, PoliticsComments (5)

Iceland economic outlook brighter than feared


GylfiIceland’s economic outlook is slightly better than previously forecast and it looks like there will be no contraction of GDP next year, according to Gylfi Magnusson, the country’s Minister for Trade. Read the full story

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Iceland America Chamber of Commerce to hold conference


new_york_1The Icelandic American Chamber of Commerce will hold a conference this Tuesday in New York entitled ‘The Icelandic Economy and Outlook’.

This year’s keynote speaker will be Gylfi Magnusson, Icelandic Minister for Business Affairs. He will be joined in the same session by Mark Flanagan, the head of the IMF mission to Iceland. Read the full story

Posted in Business, Iceland, International, MBL, Politics, United StatesComments (1)

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