New Icelandic center-right coalition to give parliament vote on EU referendum - Reuters
... the inflation target and options for managing the crown, which plunged in value after the banking system crash. "Efforts will be made to decrease the high level of fluctuations in the exchange rate of the Icelandic krona," the parties said in a ...
Iceland's new government's economic policy - Iceland Monitor
The new government will make efforts to decrease fluctuations in exchange rate of the Icelandic krona that causes instability and is one of the reasons interest rates in Iceland are generally higher than in other countries. Iceland's monetary and ...
Iceland may hold referendum on joining EU - RT
Iceland hopes to form a new government coalition by the end of the week following months of political stalemate. The new talks, led by the Independence Party, are also mulling the possibility of holding a referendum on resuming the EU accession process ...altro »
S&P raises Iceland's long-term ratings to A- on stronger external position - ForexTV.com
... heightened risks for the country's monetary, fiscal, or external stability. This could also be the case if further liberalization of capital controls proceeded in a disorderly fashion, placing renewed pressure on the Icelandic krona exchange rate ...
Iceland knows how to stop teen substance abuse but the rest of the world isn't listening - The Independent (registration)
Walking with me are Gudberg Jónsson, a local psychologist, and Harvey Milkman, an American psychology professor who teaches for part of the year at Reykjavik University. Twenty years ago, says Gudberg, Icelandic teens were among the heaviest-drinking ...altro »
U.S. Funds Step Up Legal Battle After 'Absurd' Iceland Ruling - Bloomberg
In that ruling the ESA dismissed the complaint filed by the funds in June and said Iceland's offshore krona asset restrictions did not breach the rules of the EEA, of which Iceland is a member. The two funds were locked into low-interest rate bank ...altro »
Iceland's Rationale for Stiffing Bondholders Melts Away - Bloomberg
As a result, Iceland's legislature passed a law in May that gave bondholders a choice: either sell their bonds to the government at a special “offshore” exchange rate of 190 krona to the euro, a haircut of about two-fifths, or keep the assets in ...altro »
Life After Official Currencies: Lessons from Auroracoin, Scotcoin - CoinTelegraph
“The people of Iceland are being sacrificed at the altar of a flawed financial system, controlled by an elite that made astronomical bets supported by the government on behalf of the people and ultimately at the expense of the people. The power must be ...
Naira among four worst global currencies in 2016 - The Punch
The five best performing currencies of the world are the Russian ruble, Brazilian real, the palladium, the Iceland krona, and silver, which appreciated by 21.31 per cent, 20.96 per cent, 20.08 per cent, 14.42 per cent and 14.41 per cent, respectively ...altro »
Is the Icelandic Króna too Strong? - IcelandReview
Purchasing goods abroad costs Icelanders only about half of what it did two years ago, RÚV reports. This was revealed in the economic forecast of Arion Bank, which calls the strength of the króna a reason for concern. The bank's research department ...altro »