News and Articles

Memorandum of Understanding on measures to address household debt problems - 8.12.2010

This autumn, the Government initiated a special inquiry into the payment and debt problems of households, focusing on the use of the measures offered and an assessment of other options under discussion.

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Report from  a Working Group of Experts appointed by the Prime Minister for an assessment of  household debt problems - 15.11.2010

In consultation between the Government and representatives of the parliamentary opposition it was decided on October 15th to convene a Working Group to assess the cost of various approaches to resolving the problem of household debt.

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A speech by Jóhanna Sigurðardóttir, Prime Minister of Iceland on Islendingadagurinn August 2nd 2010 - 2.8.2010

"We have a very special bond between Iceland and Canda – made strong by common history and shared heritage."

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Prime Minister's Address to the Nation on 17 June 2010 - 21.6.2010

"Today, on this beautiful summer's day, we celebrate our national holiday all across the country. We celebrate our independence and our joy at living our lives in this country, on our bountiful island."

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Bank Crisis First-In Will Be First-Out - 21.5.2010

The financial crisis is now shaking many parts of Europe, while Iceland -- being among the very first to experience the weight of it -- may have come further in dealing with the consequences than many other countries.

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Statement by the Government of Iceland - 16.4.2010

At its meeting this morning, the Government met the National Police Commissioner and representatives of the Civil Protection Department, who presented an account of the security situation in the vicinity of the volcanic eruption in the Eyjafjallajökull glacier.

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Icelandic government welcomes investigative commission's report on collapse of Icelandic banks - 12.4.2010

The Icelandic government welcomes the report published today by the Special Investigative Commission of the Parliament on the causes of the collapse of the Icelandic banking system. Consisting of independent experts, the investigative commission was established by the Icelandic parliament in December 2008.

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Condolences to the Polish people - 10.4.2010

Johanna Sigurdardottir, Prime Minister of Iceland, has sent the Polish Prime Minister, Donald Tusk, a letter of condolences on the death of President Lech Kaczynski and several Polish representatives in a plane crash in Russia this morning. In her letter, which is sent on behalf of the government and people of Iceland, the Prime Minister expressed her deep shock and heartfelt sympathy at the tragic loss today.

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Work continues on a mutually acceptable solution to Icesave - 8.3.2010

The Icelandic authorities will continue to work towards a satisfactory solution to the Icesave issue on this basis. The three governments have declared their intention to continue the talks and find a solution to the matter.

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PM of Iceland met with Barroso and Rehn in Brussels - 4.2.2010

Ms. Jóhanna Sigurðardóttir, Prime Minister of Iceland met today with Mr. José Manuel Barroso, President of the European Commission and Mr Olli Rehn, Commissioner for Enlargement and Commissioner Designate for Economic and Monetary Affairs.

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Icesave meeting in The Hague - 29.1.2010

The governments of Iceland, the United Kingdom and the Netherlands have held regular consultations on the Icesave issue during the past few weeks. A delegation led by Iceland's Minister of Finance, Steingrímur J. Sigfússon, and the Chairmen of the opposition Progressive and Independece parties, Sigmundur Davíð Gunnlaugsson and Bjarni Benediktsson, left Iceland yesterday to meet with key counterparts in The Hague.

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The Prime Minister of Iceland urges IMF to continue the Economic Programme - 14.1.2010

“I would like to emphasize that the Economic Programme in co-operation with the IMF should continue without interruption, even though a solution to the Icesave matter will be postponed because of the planned national referendum”, the Prime Minister of Iceland, Jóhanna Sigurdardóttir, said today in a letter to the Managing Director of the International Monetary Fund, Dominique Strauss-Kahn.

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National referendum to take place as soon as possible - 8.1.2010

The Icelandic Parliament, Althingi, convened today to debate a Government bill regarding the preparation for a national referendum on the so-called Icesave legislation. This comes in the wake of the President of Iceland´s decision on 5 January not to sign into law a bill which provides for a state guarantee of loan repayments to the British and Dutch governments.

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The Government of Iceland remains fully committed to honour Iceland's obligations - 6.1.2010

The Government of Iceland has decided to hold a national referendum on the so-called Icesave legislation, following broad consultations with both coalition and opposition parties as well as employers' associations and labor unions. The referendum is expected to take place late February.

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The Government committed to the Economic Program - 5.1.2010

The President of Iceland has declined to sign a law authorising a state guarantee for repayment of loans provided by the UK and the Netherlands to the Depositors' and Investors' Guarantee Fund, intended to cover payment of the minimum deposit guarantees to depositors in the UK and Netherlands branches of the failed Landsbanki Íslands hf.

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