Iceland’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

The Icelandic government needs to submit a new Icesave bill by the beginning of next week in order to prevent the UK and the Netherlands bringing a lawsuit over the imposition of emergency laws in Iceland. Such a lawsuit could result in Iceland’s international investment ratings being reduced to junk status, according to Visir.is Read the full story

The following information comes unedited from a government press release:

Agreement has now been concluded on a Stability Pact which forms a cornerstone in the government’s plans for economic reconstruction. Leaders of central and local government, employers’ and employees’ associations signed the agreement in the Cultural House today. The Stability Pact covers many of the principal factors concerning which uncertainty has been high in recent months and will serve as one of the main pillars to support further rebuilding of the economy. Read the full story

Iceland held Mayday workers’ rallies on Friday, along with countries all over the world. The biggest march took place in Reykjavik, and turnout was described as ‘unusually good’. The march was peaceful and ended in a gathering on Austurvollur Square outside parliament. Read the full story

PRESS RELEASE FROM THE PRIME MINISTER’S OFFICE:

At a meeting held on 3 February, the Government of Iceland approved a proposal from the Prime Minister to conclude a contract with the international corporate advisory firm Hawkpoint to work under the supervision of Icelandic authorities on reaching a settlement between the old and new banks. Read the full story

Gylfi Zoega, professor of Economics at the University of Iceland, said in an exclusive interview for IceNews, that reopening the market is essential for the economic future of the northern island nation. Read the full story

Around six in every ten Icelanders trust Johanna Sigurdardottir, their new Prime Minister, very much, according to a recent poll conducted by the Market and Media Research Group and reported on RUV.is. Read the full story

On February 16th in Reykjavik, Iceland, the Organisation for Civic Action will host a debate on the state of the nation in the wake of the economic crisis and the collapse of the Icelandic banking system. Read the full story

PRESS RELEASE FROM THE ICELANDIC PM’S OFFICE:

The Coordination Committee which has the overall responsibility of developing, implementing and communicating a comprehensive strategy for bank restructuring published its first report today at a press seminar. Mats Josefsson, the Swedish expert hired to assist the government in addressing the banking Read the full story

PRESS RELEASE FROM THE MINISTRY OF FOREIGN AFFAIRS IN ICELAND:

Össur Skarphéðinsson, Minister for Foreign Affairs today received, on behalf of his Nordic colleagues, a report by Thorvald Stoltenberg, former Minister for Foreign Affairs and Defence of Norway, on Nordic foreign and security policy cooperation. The report was launched at an extraordinary meeting of the Nordic foreign ministers in Oslo. Read the full story