Awarding Destination Iceland campaign to M&C Saatchi UK leads to a lawsuit
In Iceland, like elsewhere, authorities have reacted in diverse ways to the negative economic impact of COVID-19. Amongst projects included in the gov...
Acting Prime Minister Bjarni Benediktsson Sold Stocks in Glitnir Bank Hours Before Crash
New research made by newspapers Stundin and The Guardian, and Reykjavik Media shows that Bjarni Benediktsson, acting Prime Minister and leader of the ...
Icelanders named in Panama papers buy ISK at a 20% discount
RÚV reports that 21 Icelanders who’s names came up in the notorious Panama papers, purchased large amounts of ISK (Icelandic króna) at a 20% dis...
Currency restrictions on the Icelandic Krona completely lifted today
From today onwards there will be no limits on currency transactions with the Icelandic Krona. The private sector and institutional investors such as t...
US Investors prepare to indict the Icelandic state
US Investment managers, Eaton Vance and Autonomy Capital, are preparing to have the Icelandic state prosecuted because of their investments.
30 Million EUR Credit Line to Iceland’s Economy
The Nordic Investment Bank (NIB) has just announced that it will be cooperating with Iceland’s largest bank, Landsbankinn, to create a five-year loan ...
NIB and Byggdastofnun open a loan facility for Icelandic SMEs
The Nordic Investment Bank (NIB) and Byggdastofnun, the Icelandic Regional Development Institute, are launching a new ten-year loan facility totalling...
Moody’s upgrades Iceland credit rating
Moody’s Investors Service announced, Monday, that it had moved the country’s credit rating up a notch to Baa2, citing an improved outlook to the...