News

International rating agency S&P Global Ratings has affirmed Iceland’s sovereign ratings at A/A-1 with a stable outlook. The rating agency assumes a mild contraction in GDP in 2019 due to declining...

A resolution on International Equal Pay Day was today adopted by consensus in the Third Committee (Human Rights) of the General Assembly. Iceland, Australia, Canada, Germany, Panama, New Zealand, Sout...

Moody’s Investors Service has upgraded Iceland’s long-term issuer and senior unsecured ratings to A2 from A3, Iceland’s senior unsecured MTN rating to (P)A2 from (P)A3 and other short-term rating to (...

The Minister of Finance and Economic Affairs today published a report on the progress of plans to remove restrictions on cross-border capital movements and foreign currency trading. The minister shall...

The Government of Iceland disagrees with the decision of the Financial Action Task Force (FATF) to place the country on its list of jurisdictions with strategic AML/CFT deficiencies. The decision is ...

Chairman of the Arctic Circle, Mr. Ólafur Ragnar Grímsson, former President of Iceland, Excellencies, distinguished guests, It is an honour to be here with you today. The Arctic Circle Assembly has be...

Iceland strongly criticises the Turkish military offensive against Kurds in Northern Syria. This position has been formally communicated to the Turkish authorities. As this military offensive is not i...

The Arctic Council and the Arctic Economic Council hold their first joint meeting today in Reykjavik, bringing together government representatives of the eight Arctic States, business representatives,...

A working group appointed by Gudlaugur Thór Thórdarson, Minister for Foreign Affairs of Iceland, delivered its report today on Iceland‘s membership of the European Economic Area Agreement.  Appoi...

Gudlaugur Thór Thórdarson, Minister for Foreign Affairs of Iceland, emphasized human rights, reforms in the international system and the urgency of concrete actions against climate change in his addre...

Meeting held at the Ministry of Finance and Economic Affairs In attendance were: Bjarni Benediktsson, Minister of Finance and Economic Affairs, chairman; Ásgeir Jónsson, Governor of the Central Bank o...

Gudlaugur Thór Thórdarson, Minister for Foreign Affairs of Iceland, met with Members of the United States Congress, National Security Council and the State Department in Washington D.C. last week to d...

The Prime Minister‘s Committee on measurements for Well-being in Iceland has proposed a framework of 39 indicators that cover social, economic and environmental dimensions of quality of life. The...

The Prime Minister, Katrín Jakobsdóttir, opens an international conference on #metoo, starting at 14.30 tomorrow in Harpa and concluding on September 19th.  Tomorrow programme includes keynote sp...

The first meeting of the Sustainable Development Working Group during Iceland’s Arctic Council Chairmanship brought together around 70 participants in Reykjavik and Ísafjörður on 10-12 September, repr...

 A thematic conference on Strengths, Well-Being and Engagement of Youth in the Arctic was held today at the National Museum of Iceland, in Reykjavik, in connection with the meeting of the Arctic ...

On 8 September 2019, Guðmundur Ingi Guðbrandsson, Minister of the Environment and Natural Resources, and Inger Andersen, Executive Director of the United Nations Environment Agency (UNEP), signed a le...

Personal income tax lowered — reduction process expedited Payroll tax lowered Strong public investment Transportation strengthened Research strengthened Support for low-incom...

Mr. Mike Pence, Vice President of the United States, and Mr. Gudlaugur Thór Thórðarson, Minister for Foreign Affairs of Iceland, led a round table discussion on strengthening commercial, scientific an...

Work on drawing up a health policy until 2030 began in the Ministry of Welfare in April 2018. It was based on many surveys and analyses of various aspects of Iceland’s health services made in recent y...