Property prices in Iceland increased faster last year than in any other European country surveyed. The increase in par value of houses was higher even than in Norway, where a property boom is in progress.
Tag Archive | "recovery"
Iceland property prices increased fastest in Europe last year
Posted on 29 February 2012.
Posted in Business, Featured, Iceland, International, MBL, Norway, SocietyComments (0)
Icelandic bank looking towards first bond issue since collapse
Posted on 06 December 2011.
Iceland’s Arion Bank says it is preparing to turn to international credit markets with a bond issue within the next 12 months. Arion has never issued bonds before and is the state-created successor to Kaupþing, which went bankrupt in 2008.
Posted in Business, European Union, Featured, General, Iceland, International, MBLComments (0)
World financial instability seen as danger to Iceland recovery
Posted on 01 September 2011.
According to the latest and final report by the IMF on Iceland’s economic recovery, volcanic eruptions and continued financial instability overseas both have potential to damage Iceland’s economic recovery, which the report otherwise praises.
Posted in Business, Featured, General, Iceland, International, MBLComments (0)
Unemployed and students set to help in Iceland volcano clean up
Posted on 24 May 2011.
Icelandic local governments will be asked to employ jobseekers and students to help people affected by the current Grimsvotn volcanic eruption. A similar project ran last year when the volcano under Eyjafjallajokull erupted.
Posted in Environment, Featured, General, Iceland, MBL, Politics, SocietyComments (0)
Third Review of Iceland’s Economic Recovery Programme approved by IMF Executive Board
Posted on 30 September 2010.
The Executive Board of the International Monetary Fund (IMF) today approved the third review of the Economic Recovery Programme agreed by the IMF and the Icelandic government. This opens the way for disbursement of the third tranche of the Fund’s loan provided to the Icelandic government which amounts to around ISK 19 billion. In addition, [...]
Posted in Featured, General, Iceland, International, MBL, PoliticsComments (0)
IMF schedules second review of Iceland’s economic programme
Posted on 09 April 2010.
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.
Posted in Featured, General, Iceland, Icelandic PM´s office, International, MBL, PoliticsComments (4)
Saab sales in Sweden hit rock bottom
Posted on 15 August 2009.
It’s not a good time to be a car dealer in Sweden. The lingering economic recession affected consumer car sales to the tune of a 13.9 percent drop in new car registrations in July, year-on-year. The total of 14,512 new car registrations in July represents a 25 per cent fewer car sales compared to last [...]
Posted in Business, Environment, MBL, Sweden, TravelComments (1)
Icelandic bankruptcies slowing rapidly
Posted on 27 July 2009.
This June, 95 Icelandic companies filed for bankruptcy compared to 92 in June 2008, according to Statistics Iceland; a year-to-year increase of around three percent.
Posted in Business, Iceland, MBLComments (6)
