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The Government of Iceland has decided, following consultation with the Financial Supervisory Authority and the Central Bank of Iceland, that there is no reason for the declaration concerning the blank...

On 1 September the Althingi Parliament approved, with no dissenting votes, a Bill of law on National Security Council, that was submitted to Althingi last spring by Lilja Alfreðsdóttir, Minister for F...

Statistics for Treasury finances for January-July 2016 are now available. Treasury finances January-July 2016  

Moody's Investors Service (MIS) has today upgraded Iceland's government bond and issuer ratings to A3 from Baa2. The rating outlook is stable. This rating action concludes the reviewfor upgrade that c...

Individuals' and companies' freedom to transfer funds to and from Iceland and to carry out foreign exchange transactions will increase greatly, according to the bill of legislation that the Minister o...

Statistics for Treasury finances for January-June 2016 are now available. Treasury finances January-June 2016

Guðni Th. Jóhannesson took office yesterday, 1 August, as the 6th President of the Republic of Iceland. He signed the oath of office during a ceremony at the Parliament of Iceland, Alþingi, and was gr...

„The Icelandic government has followed recent events in Turkey very closely and expresses its concerns about the situation, which has become very serious“, says Lilja Alfredsdóttir, Minister for Forei...

This week international rating agency Fitch Ratings held a global portfolio rating committee related to an overhaul of the Agency's sovereign methodology released on May 26th, 2016. The results of the...

Fitch Ratings has affirmed Iceland's Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB+' and ‘A-' respectively with Stable Outlooks. The issue ratings on Iceland's senior unsec...

International rating agency Standard & Poor's has affirmed Iceland's sovereign ratings at BBB+/A-2 with a stable outlook. Standard & Poor's expects economic growth in Iceland to remain strong ...

The third meeting of the Financial Stability Council in 2016 was held on Tuesday, 5 July, in the Ministry of Finance and Economic Affairs. At its meeting the Council reviewed the main risk factors in ...

Statistics for Treasury finances for January-May 2016 are now available. Treasury finances January-May 2016  

Joint Declaration between Iceland and the United States on security and defense affairsMinister for Foreign Affairs of Iceland, Lilja Alfreðsdóttir, and Deputy Secretary of Defence of the United State...

During its meeting earlier today the Government of Iceland discussed the results of the British referendum on European Union membership and UK's decision to leave the EU.The United Kingdom is one of I...

On 2 June 2016, Parliament passed amendments to legislation on the support of funding and operation of new business ventures and small growth companies. The main changes centre on taxation of stock pu...

Today the Republic of Iceland bought back its own debt in the nominal series RIKH 18 1009, in the nominal amount of 30 bn. ISK at a price of 100.29. The maturity of the series is in October 2018. Orig...

On 20 June 2016, the Executive Board of the International Monetary Fund (IMF) completed its Article IV Consultation on the status and outlook for the Icelandic economy. An IMF mission visited Iceland ...

The parliament of Iceland (Althingi) passed a Bill amending legislation no. 85/2007 regarding tourist accommodation licensing (Icelandic: Lög um veitingastaði, gististaði og skemmtanahald) on May 31st...

Ambassadors from 72 countries participated in the traditional national day celebrations on June 17 in Reykjavík. The participation of foreign representatives has been an inseperable part of the offici...