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  • Ministry for Foreign Affairs

    Legal action over the use of the word ‘Iceland'

    The Government of Iceland, on behalf of Iceland's businesses and people, today announces that it has taken legal action against the UK supermarket chain Iceland Foods with the goal of ensuring the rig...


  • Ministry for Foreign Affairs

    Iceland welcomes announcement by EFTA Surveillance Authority

    Iceland today welcomes the announcement from the EFTA Surveillance Authority (ESA) that Icelandic laws on the treatment of offshore krona assets are compliant with the EEA agreement. Ms Lilja Alfreðsd...


  • Ministry of Finance and Economic Affairs

    Treasury finances January-September 2016

    Statistics for Treasury finances for January-September 2016 are now available. Treasury finances January-September 2016  


  • Ministry for Foreign Affairs

    Results of 29 October parliamentary elections

    The unofficial results of the parliamentary elections held on 29 October 2016, are as following, based on information from Senior Election Commissions. Party ...


  • Ministry of Finance and Economic Affairs

    Progress of the Plan for Removal of Capital Controls

    The Minister of Finance and Economic Affairs has, as provided for in Act No. 16/2013 of the Icelandic parliament Althingi, published a report on the progress of plans to remove capital controls. In J...


  • Ministry of Finance and Economic Affairs

    Economic Outlook in Iceland

    Representatives of the Ministry of Finance and Economic Affairs and the Central Bank of Iceland held meetings with i.a. Credit rating Agencies in Washington DC during the IMF and World Bank Annual mee...


  • Ministry for Foreign Affairs

    Iceland's women walkout to demand equal pay

    Icelandic women leave their workplaces at 14:38 hrs. today, demanding equal pay for the same work as men. The timing is significant; as of 14:38 each day, women work without pay compared to men‘s earn...


  • Ministry of Finance and Economic Affairs

    Medium-Term Debt Management Strategy 2017-2021

    The Ministry of Finance and Economic Affairs has released the Medium-Term DebtManagement Strategy (MTDS) for 2017-2021. Since 2011, the MTDS has been issued over a horizon of three years. In accordanc...


  • Ministry of Finance and Economic Affairs

    Treasury finances January-August 2016

    Statistics for Treasury finances for January-August. 2016 are now available. Treasury finances January-August 2016


  • Ministry of Finance and Economic Affairs

    Fourth meeting of the Financial Stability Council 2016

    The fourth meeting of the Financial Stability Council in 2016 was held on Friday 30 September at the Ministry of Finance and Economic Affairs. Macroeconomic conditions have been broadly favourable for...


  • Ministry for Foreign Affairs

    Iceland and Baltic States mark 25th anniversary of reestablishment of diplomatic relations

    The Foreign Ministers of the three Baltic States and Iceland attended a signing ceremony yesterday in Reykjavík, to mark the 25th anniversary of the reestablishment of diplomatic relations and Icelan...


  • Ministry for Foreign Affairs

    UN Convention on the Rights of Persons with Disabilities ratified by Iceland

    Iceland's Parliament has unanimously adopted the Foreign Minister's proposal to ratify the UN Convention on the Rights of Persons with Disabilities. Furthermore the Parliament agreed that the Optiona...


  • Ministry for Foreign Affairs

    Iceland ratifies the Paris Agreement

    During a high-level UN event in New York, marking the entry into force of the United Nations Paris Agreement, Iceland's Minister for Foreign Affairs, Lilja Alfreðsdóttir, announced today that Iceland ...


  • Ministry for Foreign Affairs

    The Arctic Council: A Forum for Peace and Cooperation

    On September 19, 1996 in Ottawa, the Arctic Council was established as a high level intergovernmental forum to enhance cooperation, coordination and interaction among the Arctic States with the active...


  • Ministry for Foreign Affairs

    Resolution for ratification of the Paris Agreement put forward to Parliament

    Minister for Foreign Affairs, Lilja Alfreðsdóttir, has put forward a resolution to Parliament on the ratification of the United Nations' Paris Agreement. The Agreement, which was approved last Decembe...


  • Ministry of Finance and Economic Affairs

    Regarding the declaration concerning the blanket Treasury guarantee of deposits

    The Government of Iceland has decided, following consultation with the Financial Supervisory Authority and the Central Bank of Iceland, that there is no reason for the declaration concerning the blank...


  • Ministry for Foreign Affairs

    Parliament passes bill on National Security Council

    On 1 September the Althingi Parliament approved, with no dissenting votes, a Bill of law on National Security Council, that was submitted to Althingi last spring by Lilja Alfreðsdóttir, Minister for F...


  • Ministry of Finance and Economic Affairs

    Treasury finances January-July 2016

    Statistics for Treasury finances for January-July 2016 are now available. Treasury finances January-July 2016  


  • Ministry of Finance and Economic Affairs

    Moody's upgrades Iceland's government ratings to A3; outlook stable

    Moody's Investors Service (MIS) has today upgraded Iceland's government bond and issuer ratings to A3 from Baa2. The rating outlook is stable. This rating action concludes the reviewfor upgrade that c...


  • Ministry of Finance and Economic Affairs

    Increased freedom – liberalisation of capital controls

    Individuals' and companies' freedom to transfer funds to and from Iceland and to carry out foreign exchange transactions will increase greatly, according to the bill of legislation that the Minister o...

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