News and Articles

Improved equity and debt position of 56,000 households - 10.11.2014

The Prime Minister and the Ministry of Finance and Economic Affairs, together with the project management team of the principal reduction actions, today announced the outcome of the government's Debt Relief Programme in the conference centre Harpa.

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Iceland reinforces its participation in NATO - 10.9.2014

Fáni Atlantshafsbandalagsins

Iceland reinforces its participation in NATO5.9. 2014The NATO Summit in Newport, Wales, concluded this afternoon. Prime Minister Sigmundur Davíð Gunnlaugsson and Foreign Minister Gunnar Bragi Sveinsson participated in the meetings on Iceland´s behalf.

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Letter sent to the Prime Minister of Israel - 24.7.2014

The Prime Minister of Iceland, Mr. Sigmundur David Gunnlaugsson, has today sent the Prime Minister of Israel a letter outlining the Icelandic Government´s gravest concerns about the situation in Gaza where a large number of innocent civilians has lost their lives More...

Agreement with Advisors to Work on Removal of Capital Controls - 10.7.2014

The Ministry of Finance and Economic Affairs has, in consultation with the Ministerial Committee on Economic Affairs and the Steering Group on Removal of Capital Controls, reached an agreement with the legal office Cleary Gottlieb Steen & Hamilton LLP and the consultants White Oak Advisory LLP to assist the Icelandic authorities in removing capital controls. Attorney Lee Buchheit of Cleary Gottlieb Steen & Hamilton will direct the legal office's work on this project. 
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Steps towards eliminating the inflation indexation of new consumer loans - 23.1.2014

The Expert Group on the elimination of inflation-indexation of consumer credit has handed in its proposals. The report proposes that, commencing on 1 January 2015, major steps be taken towards eliminating the inflation indexation of new consumer loans ...

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Recommendations to enhance the productivity and efficiency of government management - 4.12.2013

The Government Efficiency Group has handed in its proposals for enhance the productivity and efficiency of government management.

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Government Action Plan for Household Debt Relief - 30.11.2013

Höfuðstólslækkun húsnæðislána

The Icelandic government today announces an action plan aimed at reducing the country's housing debt. Firstly, the principal of indexed housing mortgages is to be written down and, secondly, tax breaks are proposed for private pension savings contributions originating after the action is implemented.

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Statement by the Government of Iceland on EU threats against the Faroe Islands and Iceland  - 16.8.2013

Iceland is a major stakeholder in relation to the management of various shared fish stocks in the North-East Atlantic. Icelandic fisheries management policy has for many years assured the sustainable utilisation of marine resources, unlike the EU common fisheries policy.

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Address by Prime Minister, Mr Sigmundur Davíð Gunnlaugsson, at Austurvöllur, 17 June 2013 - 17.6.2013

Forsætisráðherra, Sigmundur Davíð Gunnlaugsson, flytur hátíðarávarp á Austurvelli 17. júní 2013

"We Icelanders wish to participate in international cooperation and to work with nations all over the world, sharing our experience, knowledge and strengths but at the same time learning from others and benefiting from their strengths."

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Prime Minister meets with President of Finland - 31.5.2013

The Prime Minister had a meeting on 29 May with the President of Finland, Mr. Sauli Niinistö, during the Presidents offical visit to Iceland which started on the 28 May.

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New Icelandic Government takes office - 23.5.2013

The new Government of the Progressive Party and the Independence Party

A Government of the Progressive Party and the Independence Party has been formed and took office today. Nine ministers will take seat in the new government, four from the Progressive Party, and five from the Independence Party. 

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The Prime Ministers of Iceland and China issue a Joint Statement - 15.4.2013

Chinese Premier Li Keqiang (R) holds a welcome ceremony for visiting Iceland Prime Minister Johanna Sigurdardottir in Beijing, April 15, 2013

The official visit of the Prime Minister of Iceland, Jóhanna Sigurðardóttir, at the invitation of the Chinese Premier, Li Keqiang, commenced today.

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The Prime Minister on an official visit to China - 6.4.2013

The Prime Minister of Iceland, Jóhanna Sigurðardóttir, and her wife, Jónína Leósdóttir, will be on an official visit to China on 15-18 April. The Prime Minister was invited by former Premier of China, Wen Jiabao, in his official visit to Iceland in April last year.

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Iceland welcomes acquittal in Icesave case  - 28.1.2013

The EFTA Court ruling on Icesave rejected all claims by the EFTA Surveillance Authority that Iceland should be declared in breach of the EEA Agreement. The Court rejected the claim that Iceland has breached the Deposit Guarantee Directive or has discriminated against depositors contrary to EEA law. More...

Agreement between the coalition parties on management of the EU accession negotiations in the run-up to the parliamentary elections - 14.1.2013

The agreement between the government coalition parties at the start of the electoral term is based on the democratic principle that it should be the nation itself which takes the decision in this matter. More...