Iceland’s central bank raises rates
Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. ...
Iceland to lift capital controls
Iceland looks set to end its capital controls following a parliament vote in favour of tightening financial regulations. The Icelandic government has ...
Iceland’s central bank likely to increase interest rates
Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...
Iceland looks to future with AIIB membership
Iceland can look forward to future opportunities after announcing that it is to be a founding member of the Asian Infrastructure Investment Bank (AIIB...
Kaupthing bankers jailed for fraud in Iceland
Iceland’s Supreme Court has rejected appeals by four Kaupthing executives and upheld their prison sentences for their part in the country’s 2008 finan...
Iceland central bank committee to finalise law review by March
A panel looking into the legal framework for Sedlabanki is to deliver its proposals at the start of March, its chairman has announced.
UK government gets back £1.36bn from Iceland following bank collapse
The British Treasury has recovered a total of £1.36bn from Iceland after the collapse of Landsbanki during the country’s economic crisis, forced a tax...
Finns opting to spend rather than save
People in Finland are turning their backs on saving and have begun spending more than ever before, according to figures from Statistics Finland.