Icelandic car financiers, Lysing and SP Fjarmognun, have come to the conclusion that the Supreme Court ruling on foreign currency indexed car loans does not apply to lease contracts. Read the full story

The Lysing finance company has taken a case to the Reykjavik District Court claiming that the interest on foreign currency indexed car loans – which were recently ruled illegal – should be changed to the same as domestic inflation indexed car loans. Read the full story