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News
Third Meeting of the Financial Stability Council in 2016
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 ...
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News
Treasury finances January-May 2016
Statistics for Treasury finances for January-May 2016 are now available. Treasury finances January-May 2016
Path: https://www.government.is/news/article/2016/07/06/Treasury-finances-January-May-2016/
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Other
Minutes of the Meeting of the Financial Stability Council of 5 July 2016
The meeting was held in the Ministry of Finance and Economic Affairs. Members of the Council: Minister of Finance and Economic Affairs Bjarni Benediktsson, Chairman; Már Guðmundsson, Governor of the C...
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News
Joint Declaration between Iceland and the United States on security and defense affairs
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...
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News
Support of funding and operation of new business ventures and small growth companies
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...
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News
Reactions to UK's decision to leave the EU
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...
Path: https://www.government.is/news/article/2016/06/24/Reactions-to-UKs-decision-to-leave-the-EU/
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News
Republic of Iceland buys back its own debt
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...
Path: https://www.government.is/news/article/2016/06/24/Republic-of-Iceland-buys-back-its-own-debt/
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News
IMF Executive Board completes Article IV Consultation on Iceland
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 ...
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News
New legislation on home sharing to take effect in 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...
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News
Over 70 Foreign Ambassadors participated in the National Day celebrations
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...
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News
Republic of Iceland repays bonds for 62 billion ISK
Republic of Iceland today completed repayment of bonds issued in 2011 maturing today. The outstanding balance on the bonds series totalled USD 503 million, or equivalent to around ISK 62 billion. Paym...
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Speeches and Articles
Article by Bjarni Benediktsson in the Wall Street Journal
Bjarni Benediktsson's article in the US edition of the Wall Street Journal, published on June 16:The implication of the headline “Northern Europe's Argentina Imitator” atop James K. Glassman's June 13...
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News
Government Accounts 2015
The results of Government Accounts for 2015 have now been published and the accounts forwarded to the Icelandic parliament Althingi. The current balance for the year was positive by ISK 20.0 billion, ...
Path: https://www.government.is/news/article/2016/06/16/Government-Accounts-2015/
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News
Treasury finances January-April 2016
Statistics for Treasury finances for January-April 2016 are now available. Treasury finances January-April 2016
Path: https://www.government.is/news/article/2016/06/06/Treasury-finances-January-April-2016/
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News
Measures to curb the negative effects of inflows of foreign currency
This afternoon, Bjarni Benediktsson, the minister of Finance and Economic Affairs, presented a bill to the Althing regarding amendments to the Foreign Exchange Act, the Act on the Handling of ISK Asse...
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News
Q&A on the Act on the treatment of króna-denominated assets subject to special restrictions
Questions and answers on the Act on the treatment of króna-denominated assets subject to special restrictions and Central Bank of Iceland foreign currency auction are now available. Q&A on the Act...
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News
The next steps in capital account liberalisation
This afternoon the Icelandic Minister of Finance and Economic Affairs, Bjarni Benediktsson, submitted before Parliament a bill of Law that sets forth the next steps towards liberalisation of capital c...
Path: https://www.government.is/news/article/2016/05/20/The-next-steps-in-capital-account-liberalisation/
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News
Second Meeting of the Financial Stability Council in 2016
The second meeting of the Financial Stability Council in 2016 was held on Wednesday, 18 May, in the Ministry of Finance and Economic Affairs. At its meeting the Council reviewed the main risk factors ...
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Legislation
Act on the Free Right to Employment and Residence within the European Economic Area, No. 105/2014
Updated: November 2018 Act on the Free Right to Employment and Residence within the European Economic Area, No. 105/2014 as amended by Act No. 75/2018.
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Other
Minutes of the Meeting of the Financial Stability Council of 18 May 2016
The meeting was held in the Ministry of Finance and Economic Affairs. Members of the Council: Minister of Finance and Economic Affairs Bjarni Benediktsson, Chairman; Már Guðmundsson, Governor of the C...