News and Articles

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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