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About 14 results for "kronurs"

Iceland Faces Legal Battle as U.S. Funds Balk at Krona Discount
Bloomberg

Iceland Faces Legal Battle as U.S. Funds Balk at Krona Discount

U.S. funds holding billions in offshore kronur filed a complaint against Iceland for forcing them to accept a currency discount of almost 40 percent as a condition to let the investors exit the nation's capital controls. The case was filed to the ... Bloomberg, 2 months ago

1 images for "kronurs"

Iceland Review Online, 2 months ago
Bloomberg

Iceland Frees $585 Million in Funds Trapped Behind Capital Wall

(Bloomberg) -- Iceland freed up 72 billion kronur ($585 million) in capital for funds that have been trapped behind the nation's capital controls over the past 7 1/2 years, falling short of clearing the whole amount as investors balked at the low ...
 La Repubblica2 months ago Hedge Funds Asked to Take a Hit as Iceland Frees $2.4 Billion  HedgeCo2 months ago Funds Asked to Take a Hit in Iceland $2.4 Billion Auction  Bloomberg2 months ago

Sweden Hosts Second World Mosquito-Catching Championship

Last year's winner failed toretain his title and became vice-champion. Christopher Akers became the new champion ofthis weirdly funny battle aftercatching 135 insects. The feeling is awesome. By nature I am a sportsmen and hate tolose, says ...
 Sputnik1 month ago

Winter Ain't Coming to Iceland's Thunder-Clapping Economy

Iceland's economy is growing at its fastest pace since the 2008 collapse of its banks, with annual gross domestic product up a whopping 4.2 percent in the first three months of the year. Latest tourism and spending data suggests the Icelandic ...
 Bloomberg1 month ago

U.S. Funds to Argue Iceland Defaulted on Claims, Lawyer Says

(Bloomberg) -- Lawyers representing U.S. funds that bought Icelandic treasury bonds after the island's 2008 banking collapse say the terms of a debt settlement may represent a partial sovereign default. An auction arranged by Iceland's central ...
 La Repubblica1 month ago
Bloomberg

Iceland Forces Bondholders to Take 38% Discount in Krona Auction

Iceland met limited interest from creditors trying to exit the island's capital controls through a currency auction, after offering them an exchange rate that was 38 percent below the krona's market price. Iceland's currency reserves will be ...
 Bloomberg2 months ago
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