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  • August 05. 2015 Ministry of Finance and Economic Affairs

    Republic of Iceland buys back 400 million of own bonds denominated in USD

    Republic of Iceland has purchased for cancellation nominal value of 400 million USD of the bond series “ICELAND 4.875% 06/16/16” (ISIN USX3446PDH48/US451029AD49). On 27 July 2015, the Republic of Ic...


  • August 05. 2015 Ministry of Finance and Economic Affairs

    Treasury finances January-May 2015

    Statistics for Treasury finances for January-May 2015 are now available. Treasury finances Jan-May 2015


  • July 24. 2015 Ministry of Finance and Economic Affairs

    Fitch Ratings upgrades Iceland to BBB+

    Fitch Ratings has upgraded Iceland's Long-term foreign currency Issuer Default Rating (IDR) to ‘BBB+' from ‘BBB‘ with a stable outlook.  Long-term local currency IDR was also upgraded  to ‘A...


  • July 23. 2015 Ministry for Foreign Affairs

    Due to “5-state consultation” on fishing in the Arctic Ocean

    The Ministry for Foreign Affairs has called the ambassadors of the United States of America, Denmark, Canada, Norway and the Russian Federation to a meeting in the ministry and made observations on ...


  • July 17. 2015 Ministry of Finance and Economic Affairs

    Standard and Poor's upgrades Iceland's rating

    Standard & Poor's Ratings Services has raised its long- and short-term foreign and local currency sovereign credit ratings on the Republic of Iceland to ‘BBB/A-2' from 'BBB-/A-3'. The outlook is S...


  • July 15. 2015 Ministry of Finance and Economic Affairs

    Treasury repays Avens bond

    Today the Treasury repaid the balance outstanding on the so-called Avens bond totalling EUR 192 million plus interest. The original face value of the bond, issued in 2010 and to be repaid in instalmen...


  • July 03. 2015 Ministry of Finance and Economic Affairs

    Legislation on Stability Levy adopted unanimously

    The Icelandic parliament Althingi today passed the Bill of the Minister of Finance and Economic Affairs on a stability levy, concerning which a political consensus was achieved in the Althingi. The ...


  • July 03. 2015 Ministry of Transport and Local Government

    National Cyber Strategy for Iceland released

    The National Cyber Security Strategy addresses the need to protect critical infrastructure as well as response to growing cyber security threats. The Strategy outlines cyber security vision until 202...


  • June 30. 2015 Ministry of Finance and Economic Affairs

    Moody's upgrades Iceland's rating

    Moody's has upgraded the government of Iceland's government debt ratings to Baa2 from Baa3. Moody‘s announced this yesterday. The rating outlook is stable.  According to Moody‘s press release ...


  • June 29. 2015 Ministry of Finance and Economic Affairs

    Treasury finances January-April 2015

    Statistics for Treasury finances for January-April 2015 are now available. Treasury finances January-April 2015


  • June 29. 2015 Ministry of Finance and Economic Affairs

    Government Accounts 2014

    The results of Government Accounts for 2014 have now been published and the accounts forwarded to the Althingi. The current balance for the year was positive by ISK 46.4 billion, which is a better tha...


  • June 08. 2015 Ministry of Finance and Economic Affairs

    Iceland in Continuing Consultations Regarding - Capital Control Liberalization (LBI)

    The Iceland Ministry of Finance today announced that it has continued its consultations with parties affected by the capital controls in Iceland about the proposals the Government is considering for t...


  • June 08. 2015 Ministry of Finance and Economic Affairs

    Iceland in Continuing Consultations Regarding - Capital Control Liberalization (Kaupthing)

    The Iceland Ministry of Finance today announced that it has continued its consultations with parties affected by the capital controls in Iceland about the proposals the Government is considering for t...


  • June 08. 2015 Ministry of Finance and Economic Affairs

    Iceland in Continuing Consultations Regarding - Capital Control Liberalization (Glitnir)

    The Iceland Ministry of Finance today announced that it has continued its consultations with parties affected by the capital controls in Iceland about the proposals the Government is considering for...


  • June 08. 2015 Ministry of Finance and Economic Affairs

    Comprehensive strategy for capital account liberalisation announced

    Comprehensive strategy for capital account liberalisation announced ISK 1200 billion problem solved; stability ensured Stability conditions and stability tax on failed banks' estates ...


  • June 08. 2015 Ministry of Finance and Economic Affairs

    Treasury finances January-March 2015

    Statistics for Treasury finances for January-March 2015 are now available. Treasury finances January-March 2015


  • June 08. 2015 Prime Minister's Office

    Comprehensive strategy for capital account liberalisation

    Comprehensive strategy for capital account liberalisation announced ISK 1200 billion problem solved; stability ensured Stability conditions and stability tax on failed banks' estates ...


  • June 04. 2015 Ministry of Social Affairs

    Social Services in Times of Disaster - Multidisciplinary Nordic Symposium

    The Nordic Welfare Wath - in Response to Crisis) and NSSA (The Nordic Social Security Academy) co-hosted the symposium Social Services in Times of Disaster in Reykjavík, May 4-5, 2015. The objective ...


  • May 29. 2015 Ministry of Finance and Economic Affairs

    Government measures to facilitate private sector wage settlements

    Eleven measures to facilitate wage settlements Changes in income tax lead to a rise in disposable income for all wage-earners Total reduction in personal income tax ranging up to ISK 16bn during th...


  • May 27. 2015 Ministry of Finance and Economic Affairs

    Loan from Poland paid off

    This week the Republic of Iceland will prepay the loan taken from Poland in 2009, in connection with the Stand-By Arrangement with the International Monetary Fund (IMF) following the collapse of the I...

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