Older news
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End of Operation of Wow Air - Announcement from Icelandic Transport Authority
Icelandic Transport Authority (ICETRA) has issued an announcement due to the end of operation of Wow Air. All Wow Air flights have been cancelled. Announcement of the ICETRA in full How will...
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Guidelines for drivers with UK licences
The following shall apply for holders of UK driving licences visiting or living in Iceland in the event of the United Kingdom exiting the European Union. Visitors in Iceland Visitors with UK licence...
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Jewish Holocaust survivor visits Iceland
Andras Hamori shared his story from the Holocaust at a well-attended meeting in Reykjavik last week. Andras is a Jew of Hungarian origin who survived the horrors of World War II. In the spring of...
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Fiscal Strategy Plan for 2020-2024: Increased resilience in the economy
The fiscal strategy for the years 2020-2024 reflects the strong position and discipline in government finances in a slower-paced economy. The strategy is a key factor in the important task of co-ordin...
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Joint understanding on the application of the third energy package towards Iceland
Foreign Minister Gudlaugur Thor Thordarson and Commissioner Canete discussed on 20 March 2019 the EU Third Energy Package, taking into account the unique situation in Iceland as concerns renewable ene...
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Announcement regarding discussions between Icelandair and Wow air
The Icelandic authorities are aware that discussions have commenced between Wow air and Icelandair on the feasibility of a combination of the two businesses. The authorities are supportive of these di...
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Iceland leads a joint initiative calling on Saudi Arabia to improve its human rights situation
Today, Iceland led a group of countries at the Human Rights Council in Geneva, calling on the Kingdom of Saudi Arabia to improve the situation of human rights in the country. This is the first time th...
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Removal of capital controls on holders of offshore krónur and reduction of special reserve requirement on capital inflows
Act no. 14/2019, which amends the Foreign Exchange Act, no. 87/1992, and the Act on the Treatment of Króna-Denominated Assets Subject to Special Restrictions, no. 37/2016, was published in the La...
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Iceland pledges further support to humanitarian efforts in Yemen
The Human Rights Council opened its fortieth regular session in Geneva yesterday. Gudlaugur Thór Thórdarson, Foreign Minister of Iceland, was among around 100 high-level dignitaries who presented stat...
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Tax burden on people in the lowest income group reduced
The tax burden on persons in the lowest income group would be reduced by 2 percentage points if the changes to the tax system which the government is proposing are adopted. These changes are in line ...
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Reports on the Rights of the Child
In accordance with Article 44 of the Convention on the Rights of the Child (CRC) Iceland has prepared this combined fifth and sixth report on the measures taken to implement the CRC and the second re...
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US Secretary of State visited Iceland
Trade, Arctic and security and defense were among the topics discussed at a lunch meeting between Gudlaugur Thór Thórdarson, Foreign Minister of Iceland, and Michael Pompeo, US Secretary of State, in ...
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Agreement reached on citizens‘ rights in case of a no-deal Brexit
An agreement on citizens' rights has been reached between the EEA EFTA States, Iceland, Liechtenstein and Norway, and the United Kingdom should the UK leave the EU without a withdrawal agreement. ...
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Statement on the situation in Venezuela
Gudlaugur Thór Thórdarson, Minister for Foreign Affairs, has declared Iceland‘s support for Juan Guaidó as the interim president of Venezuela. Due to the grave and deteriorating economic and pol...
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Foreign Minister of Iceland met with US Secretary of State
Gudlaugur Thór Thórdarson, Minister for Foreign Affairs of Iceland, met with Mike Pompeo, United States Secretary of State, in Washington DC yesterday. Security and defence, trade and Arctic issues fe...
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Iceland tops the WEF Global Gender Gap Index for the consecutive tenth year
For the tenth year in a row, Iceland is at the top of the World Economic Forum Global Gender Gap Index published this morning. Three Nordic neighbours follow Iceland on the Index – Norway in second pl...
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EFTA and Indonesia sign CEPA agreement
Ministers and other representatives from the EFTA States, including Iceland, and from Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA). The agreement will strengthen the eco...
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New National Action Plan on Women, Peace and Security
Iceland’s third National Action Plan on Women, Peace and Security has been published. An external evaluation of the implementation of Iceland’s second National Action Plan that was in force between 20...
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White Paper on a Future Vision for the Financial System
A good regulatory framework and robust supervision, efficient banking operations and sound ownership of financial undertakings are the three main pillars which need to shape the future vision for the ...