Older news
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Appointment of Hawkpoint to lead negotiations with banking creditors
Ministry of Finance, Press Release No. 14/2009 The Government of Iceland has taken steps to strengthen and streamline the process of negotiations between the three new banks created in the wake of th...
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A Risk Assessment for Iceland
Professor Valur Ingimundarson, Chairman of the interdisciplinary Commission for a Risk Aassessment for Iceland, today delivered the Commission’s report to the Minister for Fo...
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Government of Iceland Agrees to Establish AMC to Take Over Severely Affected Companies
The government of Iceland has approved a bill from the Minister of Finance to establish, as a limited liability company owned by the state, an Asset Management Company (AMC) to promote the restructuri...
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Government reinforces the office of Special Prosecutor
The governing coalition of the Social Democratic Alliance and Left-Green Movement intends to submit a bill to the Althingi greatly extending the authorisation of the Special Prosecutor to gather and d...
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Treasury finances January 2009
Treasury finances January 2009 (PDF 55K) Cash Flow Statement in January 2005–2009 Millions of krónur 2005 2006 2007 2008 2009 Revenue 29 894 41 132 51 972 ...
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Foreign Consultants Engaged to Represent State Interests
At a meeting held on 3 February, the Government of Iceland approved a proposal from the Prime Minister to conclude a contract with the international corporate advisory firm Hawkpoint to work under the...
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Prime Minister appoints Dr Anne Sibert and Dr Gylfi Zoega members of the Monetary Policy Committee of the Central Bank of Iceland
The Prime Minister has today appointed two expert members to the Monetary Policy Committee, as provided for in provisions of Act No. 36/2001, on the Central Bank of Iceland, as subsequently amended. T...
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Acting Governor and Deputy Governor of the Central Bank of Iceland appointed
As provided for in Temporary Provision II of the Act Amending the Act on the Central Bank of Iceland, the Prime Minister today appointed Svein Harald Øygard provisionally to the position of Governor o...
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Central Bank Bill Becomes Law
The government’s bill amending the Central Bank Act has been passed by the Icelandic parliament Althingi. Major changes are made to the Central Bank’s administrative structure, its Governo...
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Treasury finances January-December 2008
Treasury finances January-December 2008 (PDF 53K) Cash Flow Statement in January–December 2004–2008 Millions of krónur 2005 2006 2007 2008 2009 Revenue ...
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Seminar on Security Prospects in the High North, Reykjavík 29 January 2009
On 29 January 2009, NATO and the Government of Iceland jointly organized a seminar in Reykjavik to discuss the challenges facing the Allies in the High North. The participants agreed that the conf...
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Foreign Ministers of Iceland and Albania meet
Iceland’s Minister for Foreign Affairs, Össur Skarphedinsson, met with the Foreign Minister of Albania, Lulzim Basha, on February 12 during his visit to Iceland to discuss NATO’s enlargeme...
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Iceland invites the OSCE to observe elections
The Icelandic delegation to the Organizsation for Security and co-operation in Europe, OSCE, in Vienna has invited the organization to observe the early, parliamentary elections, planned for this spri...
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Icelandic Foreign Minister interviewed by David Frost
Össur Skarphéðinsson, the Icelandic Foreign Minister, talked about the Icelandic economy, European issues and fisheries with David Frost on the television station Al Jazeera last week. The Foreign Mi...
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Coordination Committee publishes its first report
The Coordination Committee which has the overall responsibility of developing, implementing and communicating a comprehensive strategy for bank restructuring published its first report today at a pres...
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A turning point in work by public authorities on rebuilding the financial system
A cabinet meeting this morning dealt with questions concerning the reconstruction of the financial system and endorsed a work programme for the Co-ordination Committee appointed to work on this task p...
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Stoltenberg Report presented to Nordic Foreign Ministers
Össur Skarphéðinsson, Minister for Foreign Affairs today received, on behalf of his Nordic colleagues, a report by Thorvald Stoltenberg, former Minister for Foreign Affairs and Defence of Norway, on N...
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New Bill Introduced Altering the Administrative Structure of the Central Bank of Iceland
Today, 6 February, Prime Minister Jóhanna Sigurðardóttir introduced a bill of legislation in the Icelandic parliament Althingi amending the Act on the Central Bank of Iceland. The amendments would rep...
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Government of Iceland contributes 150 million ISK to UNICEF
Meeting of the Executive Board of The United Nations Children´s Fund The United Nations, New York 5 February 2009 Statement by the Permanent Representative of Iceland Dr. Gunnar Pálsson  ...
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