Iceland
INTERNATIONAL: Geothermal energy shows potential
With fossil fuel prices well above historical average, geothermal energy investments are...
InternationalICELAND/RUSSIA: Russia may provide bailout to Iceland
Iceland today seized the country's second largest bank, as financial problems in the country's...
IcelandICELAND: Banking dominance puts economy at risk
Recent events have highlighted potential risks to the Icelandic banking sector. Critically,...
IcelandICELAND: Rate hike may cut inflation, boost confidence
The Central Bank yesterday unexpectedly increased the interest rate by 125 basis points to 15%...
IcelandEUROPEAN UNION: Schengen expansion has symbolic value
EU interior ministers yesterday unanimously agreed to expand the border-free Schengen area to...
ICELAND: New coalition to rule Atlantic 'tiger'
The ruling centre-right coalition won only a marginal victory in the general election on May 12....
IcelandICELAND: Prime minister might seek new coalition
The ruling Independence Party of outgoing Prime Minister Geir Haarde again emerged as the...
IcelandEUROPEAN UNION: Tax competition may be damaging
The German government agreed on March 14 to implement reductions in corporation tax rates and...