Iceland
EURO-AREA: Downgrades are not a risk to euro-area
Standard & Poor's (S&P) cut Spain's sovereign rating from AAA to AA+ on Monday. S&P's decision to...
ICELAND: Protests continue as crisis effects are felt
Protesters disrupted an annual televised meeting of political leaders on Wednesday, forcing the...
IcelandWESTERN EUROPE: Crisis prompts Nordic Europe rethink
The Swedish economy went into recession in the third quarter of the year, Statistics Sweden...
EU/ICELAND: EU bank deal reflects membership logic
The European Commission said yesterday that Iceland's guarantee of European bank deposits would...
EuINTERNATIONAL: IMF rescues downplay conditionalities
The IMF yesterday unveiled a 25 billion dollar loan package for Hungary, in conjunction with the...
InternationalINTERNATIONAL: Icelandic rate hike may fall short
The Central Bank of Iceland today raised its key interest rate 600 basis points from 12% to 18%,...
InternationalICELAND: IMF rescue will not prevent recession
Industry Minister Oessur Skarphedinsson said today the government was "very close" to agreeing a...
IcelandICELAND: Deep recession will follow financial collapse
The government yesterday nationalised the country's biggest bank, Kaupthing, and closed the...
Iceland
