Prime Minister's Office Press Release The Icelandic government welcomes the report published today by the Special Investigative Commission of the Parliament on the causes of the collapse of the Icelandic banking system. Consisting of independent experts, the investigative commission was established by the Icelandic parliament in December 2008. Continue Reading

Ministry of Finance press release: Agreement has been reached on a letter of intent for the second review under Iceland's Stand-By Arrangement with the IMF. The review is tentatively scheduled to be discussed by the IMF's Executive Board on April 16. Continue Reading

(Icelandic government press release): The Government of Iceland has for the last three weeks been engaged in a dialogue with the Governments of the Netherlands and the United Kingdom, hoping for a resolution of the Icesave matter. Discussions to date have been constructive and Iceland is confident that a mutually acceptable solution can be reached. The Icelandic negotations committee returns today from London. Iceland remains committed to a continued dialogue and is hopeful that discussions will resume as early as next week..

General information about the 6 March referendum on the Icesave issue from the Government of Iceland. Information about press centers and where to vote. Continue Reading

(Icelandic government press release): The negotiation committee representing the Icelandic government met today with representatives of the UK and Dutch governments in the Icelandic embassy in London. Continue Reading

Press release from the Icelandic Prime Minister's office: Ms. Jóhanna Sigurðardóttir, Prime Minister of Iceland met today with Mr. José Manuel Barroso, President of the European Commission and Mr Olli Rehn, Commissioner for Enlargement and Commissioner Designate for Economic and Monetary Affairs. Continue Reading

The governments of Iceland, the United Kingdom and the Netherlands have held regular consultations on the Icesave issue during the past few weeks. A delegation led by Iceland's Minister of Finance, Steingrímur J. Sigfússon, and the Chairmen of the opposition Progressive and Independece parties, Sigmundur Davíð Gunnlaugsson and Bjarni Benediktsson, left Iceland yesterday to meet with key counterparts in The Hague. A meeting is scheduled to take place later this afternoon with Dutch Finance Minister Wouter Bos and British Deputy Finance Minister Lord Myners to discuss the current situation and exchange information. Continue Reading

Prime Minister's Office, Press Release : “I would like to emphasize that the Economic Programme in co-operation with the IMF should continue without interruption, even though a solution to the Icesave matter will be postponed because of the planned national referendum,” the Prime Minister of Iceland, Jóhanna Sigurdardóttir, said today in a letter to the Managing Director of the International Monetary Fund, Dominique Strauss-Kahn. Continue Reading

(Press release from Icelandic Prime Minister’s office) The Icelandic Parliament, Althingi, convened today to debate a Government bill regarding the preparation for a national referendum on the so-called Icesave legislation. This comes in the wake of the President of Iceland´s decision on 5 January not to sign into law a bill which provides for a state guarantee of loan repayments to the British and Dutch governments. According to Article 26 of the Constitution, a national referendum must take place should the President not sign a bill into law.   Continue Reading

(Press release from Icelandic Prime Minister's office) The President of Iceland has declined to sign a law authorising a state guarantee for repayment of loans provided by the UK and the Netherlands to the Depositors‘ and Investors‘ Guarantee Fund, intended to cover payment of the minimum deposit guarantees to depositors in the UK and Netherlands branches of the failed Landsbanki Íslands hf. The law was approved by Althing, the Icelandic Parliament, on 30 December 2009. According to the constitution, the President’s decision not to sign the law requires it to be put to general referendum as soon as possible where it needs to be supported by a simple majority of voters in order to remain in force. In the interim, the law enters into force as passed by the Althingi. The Government will now reflect on the decision of the President and review the situation. Continue Reading