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% discount through the Central bank's investment program. The article states that the individuals are not ...
more| 17 May 2017 03:37 | Undercurrent News |
While the prices for certain species and product forms being exported out of Iceland are low at the moment, the real issue for exporters is the strength of the krona, sources told Undercurrent News. Following the fishermen's strike - which ran for ...
more| 03 May 2017 07:22 | Reykjavík Grapevine |
During the past year, the exchange rate index of the Icelandic króna has increased a whopping 25%, despite that prices of imported goods have not followed suit, reports RÚV.
more| 20 Mar 2017 05:07 | Iceland Monitor |
Three hedge funds and Goldman Sachs have purchased a 30 % share in the Icelandic Arion bank. "The funds are betting on the bank and on Iceland. That's a powerful bet. Before the financial crash the bet was against Iceland so this is positive," said ...
more| 04 Jan 2017 04:08 | News Deeply |
In 2013, Iceland welcomed 781,000 visitors who spent in 275 billion Icelandic króna ($2.4 billion) - outpacing for the first time the economic mainstays of fish and aluminum exportation.
more| 26 Nov 2016 18:06 | Iceland Monitor |
Even adjusting the data for GDP per person (i.e. taking into account that burger prices are expected to be higher in richer countries due to higher labour costs) does not help Iceland's situation.
more| 23 Aug 2016 10:22 | Iceland Monitor |
Plummeting pound makes Iceland more expensive for Brits. Iceland is becoming an ever more expensive proposition for British tourists as the pound sterling (GBP) continues its sharp fall against the Icelandic króna. Jökulsárlón.
more| 19 Apr 2016 08:53 | Hungary Today |
The aim of the ten-point action plan the Hungarian government put forward last week is to reduce migration pressure on the European Union and help member states find a way to strengthen their borders, Foreign Minister Péter Szijjártó said.
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