Latest articles from Iceland

Image of Ásgeir Jónsson standing in front wall

Central Bank of Iceland governor cautious despite economic growth

January 6, 2023

The Central Bank of Iceland governor talks about its new financial stability powers and its policies to prevent too much leverage.

Dusk or dawn cityscape of Reykjavik

Iceland looks to a hi-tech future

January 5, 2023

While some trade headwinds are expected to hit Iceland in 2023, the country is focused on the fourth pillar of its economy: innovation.

Iceland bank

Icelandic banks’ recovery and resiliency

December 22, 2022

The restructuring of Iceland’s banking sector following its spectacular implosion has meant that the industry is in a much stronger position today than it was back in 2008. 

Adam Kostyal

How growth markets enable economic innovation

March 21, 2022

Nasdaq First North has an important role to play in supporting innovative companies, and providing exciting opportunities for investors, providing they understand the risks, explains Adam Kostyál, head of European listings at Nasdaq.

Icelandic banks: a tale of two crises

September 23, 2021

Iceland’s largest banks were re-established in 2008 and rebuilt their holdings of Tier 1 capital ahead of the pandemic.

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Bjarni Benediktsson teaser

Iceland bond issue brings it in from the cold

March 1, 2018

As part of its journey back to prosperity after a severe recession, Iceland made a belated return to the international markets with a successful bond issuance. David Wigan reports.

Bjarni Benediktsson

Iceland finance minister seeks to continue on road to recovery

January 19, 2015

Iceland’s finance minister, Bjarni Benediktsson, talks about economic recovery, plans to stabilise the banking sector and why the country will not be joining the EU any time soon.  

Icelands tale of two banking stories

Iceland's tale of two banking stories

November 3, 2014

Iceland's banking sector has recovered impressively from its 2008 collapse, and the banks formed from the ashes of that period are performing well. However, the clouds of the past still linger, and the winding-up processes of the failed Kaupthing, Glitnir and Landsbanki are still to be resolved.

An Icelandic lesson of recovery for Cyprus

April 29, 2013

The problems that have beset Cyprus this year have an all too familiar ring to them, but the post-crisis reaction to its economic problems by Iceland show how a full investigation into the causes of a financial crisis are essential to enable a new system that is fit for purpose to be established.

Iceland's slow progress

Iceland's recovery hindered by political and consolidation worries

March 1, 2012

Iceland's rebuilding efforts following its economic collapse have borne some fruit, with the IMF predicting 2.5% growth for this year, but the country is still faced with a number of challenges.

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