News

Today the Republic of Iceland issued bonds in the amount of 500 million euros, the equivalent of ISK 76bn. The bonds bear fixed interest of 0.625% and have a 6-year maturity, offering investors a yiel...

A working group appointed by the Minister of Health to prepare for COVID-19 testing for international arrivals submitted their report yesterday. In short, the report outlines the possible implementat...

The Ministry of Health has announced the outlines for a significant easing of restrictions on gatherings. The new measures take effect on 25 May. Like all prior measures, they are in adherence to the ...

Fitch Ratings has revised Iceland’s Outlook to Negative from Stable and affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’. The revision of the Outlook to Negative refle...

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 that Iceland´s economy will contract by 7.5% in 20...

The travel restrictions that came into effect on 20 March have been extended until 15 June 2020, in accordance with...

Iceland jumps up four places on ILGA-Europe‘s Rainbow Europe 2020 Map and Index, a review of the legal and policy situation for LGBTI people in Europe. Iceland is now in the 14th spot, placing 18th la...

Iceland and the United Kingdom have today agreed on a Joint Vision outlining the main areas of cooperation between the two countries for the next 10 years. Guðlaugur Þór Þórðarson, Iceland’s Foreign M...

The Government of Iceland has today announced that it expects to start easing restrictions on international arrivals no later than 15 June 2020, while from 15 May some professionals arriving in I...

Katrín Jakobsdóttir, Prime Minister of Iceland, became Chair of the Council of Women World Leaders in February 2020. A special webpage dedicated to her chairmanship in the council has been launched. T...

The Ministry for Foreign Affairs has announced a comprehensive package of 276 million Icelandic króna (ISK) as a first response in the fight against COVID-19 in developing countries. The contribution ...

97% of patients have recovered, 99,4% of outcomes so far are recoveries, 10 fatalities due to COVID-19 have been confirmed. Only two new cases in the past seven days. Large scale testing,...

Katrín Jakobsdóttir, Prime Minister of Iceland and Susanne Raab, Federal Minister for Women and Integration in Austria had, earlier this week, a conference call where they discussed the effects of the...

Katrín Jakobsdóttir, Prime Minister of Iceland, participated last week in a Women Leaders Virtual Roundtable on COVID-19 and the Future which was convened by UN Women and OECD to address the dispropor...

Icelandic companies that have suffered substantial revenue losses due to the COVID-19 crisis will be given the opportunity to apply for government support to pay a portion of salary costs during the e...

In accordance with recommendations from Iceland’s Chief Epidemiologist, the Minister of Health has changed the current rules restrictions on arrivals due to the COVID-19 epidemic.  Quarantine Mea...

Worth up to 420m USD, the latest phase of the economic response focuses on support and protections for small enterprises, innovation and vulnerable groups. Prioritisation of innovation with incre...

The Ministry of Finance and Economic Affairs and the Central Bank of Iceland have signed an agreement laying down terms and conditions for Treasury guarantees of credit institutions’ supplemental lend...

At a press conference today, the Prime Minister, the Minister of Health, and the Minister of Justice introduced steps to lift the restrictions currently in place in Iceland due to the COVID-19 outbrea...

The Nordic Ministers of business met to discuss ways ways to focus on a cross-Nordic approach to re-energising the trade, industries, tourism, service sectors and innovative focused companies in the N...