News Feed
Keflavík Airport in Iceland receives Best Airport in Europe award
24.05.2012 - icenewsis: Keflavík International Airport (KEF) in Iceland has received an award for the Best Airport in Europe 2011 at the annual ASQ Awards Ceremony, which took place at the ACI Asia Pacific Regional Assembly in Singapore today. KEF won the award in the category...
New working paper on mandatory pension savings, private savings, home ownership and financial stability
24.05.2012 - cb: Working paper no. 58, “Mandatory pension savings, private savings, homeownership, and financial stability”, by Ásgeir Daníelsson has been published. The paper contains theoretical discussion of the issues based on the Life-Cycle hypothesis. It...
Survey of market expectations
23.05.2012 - cb: The Central Bank of Iceland began conducting quarterly surveys of market agents’ expectations at the beginning of this year concerning a variety of economic variables such as inflation and interest rates. The survey is modelled on comparable surveys...
Of Monsters and Men inspired by trolls and ghosts
23.05.2012 - icenewsis: Up-and-coming Icelandic band Of Monsters and Men have told how the tall tales of their ancestors have shaped there music and lyrics. The six piece folk-pop outfit, which were first noticed in 2010 after winning the Músíktilraunir battle of the bands, said...
Central Bank of Iceland to hold foreign currency auctions
22.05.2012 - cb: The Central Bank of Iceland is offering to purchase euros in exchange for Icelandic krónur for long-term investment in the Icelandic economy, or in exchange for payment in Treasury bond series RIKS 33 0321. Furthermore, the Central Bank of Iceland adverti...
Icelands Kaupthing bank repaid billions
22.05.2012 - icenewsis: More than three years after the Icelandic banking collapse, Kaupthing Singer & Friedlander (KFS) says it has repaid nearly all of the £4.6 billion owed to non-preferential creditors. Although all retail depositors have already been paid in full by the...
Auction calendar, Q3/2012
21.05.2012 - cb: On 14 February 2012, the Central Bank of Iceland announced its auction calendar for the first half of the year, which provided for simultaneous auctions in which the Bank purchased foreign currency according to its Investment Programme, on the one hand, a...
Iceland president: beating drugs is simple
20.05.2012 - icenewsis: Icelands president has told a conference in Ireland that drug abuse can be avoided by ensuring youngsters follow a certain model of behaviour. Olafur Ragnar Grimsson explained his “very simple method” at the 19th European Cities Against Drugs (ECAD) conf...
Successful ending to safety landing at Keflavík Airport in Iceland
18.05.2012 - icenewsis: An Icelandair Boeing jet had to make a safety landing this evening, shortly after taking off from Keflavík International Airport in Iceland. The jet was on its way from Iceland to Orlando in the U.S. when it lost one of its eight rear wheels. The aircraft...
Dermatologist Dr. Ron Moy gives BIOEFFECT EGF SERUM seal of approval
18.05.2012 - icenewsis: According to a study conducted by the world-renowned dermatologist and skin doctor Dr. Ron Moy, it has been confirmed that the popular anti-aging skincare product BIOEFFECT EGF SERUM by Iceland-based Sif Cosmetics, significantly improves the look of aging...
Icelands lone fin whaler hangs up harpoon
17.05.2012 - icenewsis: Environmental groups have welcomed the news that Icelands lone fin whaler is abandoning the hunt this year. Kristjan Loftsson, who has harpooned 280 of the gentle giants over the past six years, told the local media that he will not be participating in t...
Monetary Bulletin 2012/2 published
16.05.2012 - cb: Monetary Bulletin 2012/2 published....
Statement of the Monetary Policy Committee 16 May 2012
16.05.2012 - cb: The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.5 percentage points. ...
Publication and presentation of interest rate decision
15.05.2012 - cb: Tomorrow, Wednesday 16 May, the Central Bank of Iceland will publish the Monetary Policy Committee’s interest rate decision. A short press release will be published on the Bank’s website at 08:55 hrs. Monetary Bulletin 2012/2 will be published...
Summer to see unique volcano magma chamber tours in Iceland
15.05.2012 - icenewsis: Tourists visiting Iceland this summer have the opportunity to experience a unique volcano tour in the interior of Þríhnúkagígur, a volcano that has been dormant for roughly 4,000 years. The site is only 25 minutes drive from the capital Reykjavík, but on...
Chinese tycoon plans huge Iceland tourism resort
15.05.2012 - icenewsis: A Chinese businessman has been given initial approval to rent a plot of land in Iceland and develop it into a vast tourism and nature retreat. Huang Nubo of the Zhongkun Group previously applied to buy the same 120 square-mile tract, but was rejected due ...
President of Iceland to open Startup Iceland conference at Ásbrú
15.05.2012 - icenewsis: Ólafur Ragnar Grímsson, The President of Iceland, will be opening the first ever Startup Iceland conference at Ásbrú Enterprise Park Iceland on May 30, 2012. The international event will bring together entrepreneurs, investors and dignitaries from some of...
LS Retail Partner Conference 2012 begins in Reykjavík Iceland today
14.05.2012 - icenewsis: LS Retail Partner Conference 2012, a business software solutions event, kicked off in Reykjavík today, with an impressive turnout of over 200 guests from 37 different countries. The business conference is the premier LS Retail event where Partners, LS Ret...
Publication dates, interest rate decision dates, and interest rate announcements
14.05.2012 - cb: It has been decided to change the November 2012 interest rate decision date from 7 November to 14 November. The change applies as well to the publication of Monetary Bulletin 2012/4. ...
Explore Vatnajökull and Jökulsárlón with Bustravel glacier tour
11.05.2012 - icenewsis: Iceland tour provider Bustravel is offering glacier tours to the incredible Vatnajökull glacier and the Jökulsárlón glacial lagoon as part of its summer schedule. Bustravels popular Glacier Lagoon Express tour is perfect for visitors looking to explore E...
Go back in time on an Iceland sailing tour with a difference
11.05.2012 - icenewsis: An Iceland sailing tour with a difference is now being offered by North Sailing, where by adventure seekers will get to set sail on a Schooner sailing boat to the northeast part of Iceland and spend two days away from modern times. This unique tour, title...
Sigur Rós soon to release new album
11.05.2012 - icenewsis: Icelandic hit band Sigur Rós are to return after a four-year break with a new album entirely in Icelandic. The four-piece group, which became famous worldwide for their songs in Vonlenska, a made up musical language, said they are moving in a new directio...
