The EFTA surveillance authority, the ESA, has ruled that the Icelandic authorities are required to pay out the minimum insurance amount on Icesave deposits in the UK and Netherlands. Read the full story
Posted on 10 June 2011.
The EFTA surveillance authority, the ESA, has ruled that the Icelandic authorities are required to pay out the minimum insurance amount on Icesave deposits in the UK and Netherlands. Read the full story
Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (56)
Posted on 19 May 2011.
The winding up and resolution committees of Old Landsbanki held a press conference today where they revealed that the bank’s assets are now expected to cover 99 percent of priority claims — including Icesave. Read the full story
Posted in Business, General, Holland, Iceland, MBL, United KingdomComments (0)
Posted on 02 May 2011.
A response from the Ministry of Economic Affairs to the EFTA Surveillence Authority‘s Letter of Formal Notice regarding the Icesave dispute was submitted by the Ambassdor of Iceland in Brussels earlier today. Read the full story
Posted in Business, General, Iceland, International, MBL, PoliticsComments (8)
Posted on 01 May 2011.
A letter of response from the Icelandic state to the European Free Trade Association surveillance authority (ESA) about the Icesave dispute will be sent immediately after the weekend. Read the full story
Posted in Business, General, Iceland, International, MBL, PoliticsComments (1)
Posted on 15 April 2011.
Following last weekend’s ‘no’ vote in the so-called Icesave referendum, Icelandic authorities have received assurances from the IMF and its Nordic partners that their joint Iceland recovery package is not in jeopardy. Read the full story
Posted in Business, General, Iceland, Icelandic PM´s office, International, MBL, Politics, SocietyComments (0)
Posted on 12 April 2011.
Despite some confused reports to the contrary, this weekend’s Icesave referendum result does not mean Iceland will withhold refunds to the British and Dutch governments for the money they lost bailing out Icesave account holders in 2008. Read the full story
Posted in Business, General, Holland, Iceland, Icelandic PM´s office, International, MBL, Politics, Society, United KingdomComments (127)
Posted on 12 April 2011.
The Governor of the Central Bank of Iceland says that the Moody’s ratings agency has confirmed it will hold off on re-evaluating Iceland’s sovereign debt rating following Saturday’s Icesave referndum. He has also asked the other major ratings companies to hold judgement. Read the full story
Posted in Business, General, Iceland, International, MBL, SocietyComments (0)
Posted on 11 April 2011.
Iceland’s electoral commission has released the final results of Saturday’s election on the Icesave law. Read the full story
Posted in General, Iceland, MBL, PoliticsComments (27)
Posted on 11 April 2011.
Franek Rozwadowski, the IMF representative in Iceland, says that it is unclear how Saturday’s ‘no’ result in the Icesave referendum will affect the national economy. Read the full story
Posted in Business, General, Iceland, International, MBL, Politics, SocietyComments (1)
Posted on 10 April 2011.
At a press conference this afternoon, Iceland’s President Olafur Ragnar Grimsson praised the nation’s ability to rationally discuss complicated issues and vote to follow its conscience. Read the full story
Posted in General, Iceland, MBL, PoliticsComments (59)
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