Icenews News Feed

• Finland’s president to visit Iceland May 25, 2013
  The newly elected members of Iceland’s Althing will be welcoming the President of Finland as a guest during his state visit scheduled for May 28 and 29. The primary reason for his visit is a conference on the Arctic, to be held at the University of Iceland. Sauli Niinistö and his spouse Jenni Haukio will […]
• President of Iceland calls for scrutiny of economic failure at Global Leadership Summit 2013 in London May 25, 2013
  The President of Iceland, Ólafur Ragnar Grímsson has called for transparent scrutiny of the fundamental economic failures amongst European institutions during the recent Global Leadership Summit 2013 (GLS2013) at London Business School, UK. The President joined a discussion led by Richard Quest, an International Business Correspondent for CNN International, […]
• Riots shake Stockholm for three consecutive nights May 24, 2013
  Violent protest went on three continuous days following last Sunday’s outbreak in Husby, district of Stockholm.  Cars and containers were set on fire in the riots triggered by a fatal shooting by police. About 200 people in this largely immigrant suburb were part of the unrest, which resulted in numerous arrests. The mood of discontent […]
• Central bank starts buying forex May 24, 2013
  In preparation for the unwinding of capital controls that have been in place since the 2008 banking collapse, Iceland’s central bank has started selling króna to secure sufficient foreign exchange as a buffer. “The bank will attempt to increase its non-borrowed reserves,” Reykjavik-based Seðlabanki said today. “Increasing the non-borrowed reserves is a long- […]
• A Government of the Progressive Party and the Independence Party has been formed and took office today May 23, 2013
  Press Release - A comprehensive policy statement of the new Government in Iceland has been introduced, where the focus is put on a forward looking policy, aiming at serving the whole of the country and the people. The guiding element will be the improved prospects of the households in Iceland, and promotion of opportunities in trade […]