News and Articles

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

Leiðréttingin

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.

More...

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.

More...

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. 
More...

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 ...

More...