The EFTA Court ruling on Icesave rejected all claims by the EFTA Surveillance Authority that Iceland should be declared in breach of the EEA Agreement. The Court rejected the claim that Iceland has breached the Deposit Guarantee Directive or has discriminated against depositors contrary to EEA law. It is a considerable satisfaction that Iceland´s defence has won the day in the Icesave case; the EFTA Court ruling brings to a close an important stage in a long saga.

Össur Skarphéðinsson, Icelandic Minister for Foreign Affairs, called for reform of the United Nations Security Council in his address to the UN General Assembly this weekend.

Between November 4-6 2012, Reykjavik will host the 5th edition of You Are In Control, a hothouse for creatives and thinkers interested in cross-platform explorations and ideas relating to future business models created by the digital revolution.