Tag Archive | "debt"

Lýsing pays Deutsche Bank

The Icelandic finance company Lýsing several days ago paid around ISK 30 billion (EUR 179.3  million) to Deutsche Bank.

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Iceland treasury and central bank pay back ISK 116 billion on IMF loan

The Icelandic state treasury and the Central Bank of Iceland have repaid ISK 116 billion on loans from the IMF and the Nordic countries this month.

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New details emerge in Reykjavík lawyer stabbing case

The manager of Reykjavík’s Lagastoð legal office, who is in serious condition in hospital after being stabbed, had just significantly reduced his attacker’s fee bill before the attack, it has been revealed.

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Attempted murder of lawyer in Reykjavík

A man of around 60 is being kept in an artificial coma in a Reykjavík hospital after a murder attempt at the lawyers’ office he works at yesterday morning.

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Some companies in Iceland benefited from 83 percent debt write off

Investment and holdings companies in Iceland have had 83 percent of their debts written off since a law was passed on helping indebted individuals, households and companies following the 2008 banking crash up to 30th September last year.

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Icelandic households among the most indebted in Europe

Icelandic households are among the most indebted in Europe, when debts are compared to earnings. The potentially worrying figures may have reasonable explanations, an economics professor says.

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Bankrupt Icelandic bank pays Luxembourg debt

The estate of Iceland’s defunct Glitnir Bank has paid back all its debts to the Central Bank of Luxembourg, two years ahead of schedule.

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Former Icelandic business tycoon set to reach debt deal with bank

Karl Wernersson, the controversial Icelandic investor and former majority owner of the holding company Milestone, has completed a debt review with Islandsbanki and will in all likelihood be allowed to keep his Lyf og Heilsa chain of pharmacies — to the dismay of many.

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