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About 45 results for "kronurs"

Sedlabanki Sees Landsbankinn Deal as Key to Krona Stability

Iceland's central bank said a deal to extend the maturities on 226 billion kronur ($1.9 billion) in bonds from Landsbankinn hf would be good for financial stability as the government weighs its options. From a stability perspective it would be "a ... BusinessWeek, 1 month ago

Icelandic Retirement Savings Threatened as Risk of Bubbles Grows

Iceland's 2.7 trillion kronur ($22.7 billion) of pensions are under threat by capital controls that risk generating bubbles in both equity and bond markets, the second-largest manager of retirement money said. Were seriously concerned that ...
 Bloomberg1 month ago Iceland Retirement Savings Under Threat as Risk of Bubbles Grows  La Repubblica1 month ago
Irish Independent

Iceland to unveil first surplus since meltdown

Comments The government will collect 20bn kronur (EUR129m) more in revenue this year than it originally estimated, enough to cover extra spending and prevent a deficit, said Gudlaugur
 Big News Network1 month ago Iceland to see first budget surplus since '08  Business Times Singapore1 month ago

Icelandic Bank Targets First IPO Since $85 Billion Default

Six years after Iceland's banks defaulted on $85 billion in debt and brought the Atlantic island's economy to its knees, Islandsbanki hf is seeking to sell shares to international investors. The island's second-largest bank, formed from the ...
 Bloomberg12 hours ago

Hedge Funds Stuck in Failed Iceland Banks Closer to Pay Date

Hedge funds caught in Iceland's $85 billion banking failure may be closer to getting repaid. The administrators overseeing claims against bankrupt lender Glitnir Bank hf say there are signs recent talks with a government committee will make it ...
 BusinessWeek3 weeks ago Hedge Funds Caught in Iceland's Failed Banks Closer to Pay Date  Bloomberg4 weeks ago

Iceland Sees 2015 Surplus on Tourist Taxes and Bank Share Sales

Iceland's government predicted it will balance its budget in 2015 for a second consecutive year as it raises tourist taxes and sells shares in Landsbankinn hf. The budget will show a surplus of 4.1 billion kronur ($34 million), or 0.2 percent of ...
 BusinessWeek1 month ago

Central Bank of Iceland-Results of foreign currency auctions

Release date- 02092014 - On 15 July 2014, the Central Bank of Iceland offered to purchase euros in exchange for Icelandic kronur for long-term investment in the Icelandic economy, or in exchange for payment in Treasury bond series RIKS
 TVNewsCheck1 month ago

Iceland Judges Must Weigh Inflation-Linked Loan, EFTA Court Says

Advertisement Aug. 28 (Bloomberg) -- Icelandic courts must make the final decision on the fairness of an Islandsbanki inflation-linked mortgage after a European tribunal said such indexation may not be illegal in a case affecting about $12 ...
 GARP1 month ago Inflation-Linked Loans May Not Be Illegal: EFTA Court  BusinessWeek1 month ago Iceland Must Weigh Inflation-Linked Loan, EFTA Court Says  GARP1 month ago

The cure for a currency default in Iceland and beyond

In a world where international capital floods into and out of national markets, currency-exchange defaults will become more prevalent than government bond defaults. Faced with a demand for foreign currency it couldn't meet in October 2008, Iceland ...
 American Enterprise Institute1 month ago

The Faroe Islands Support Commercial Whaling

Commentary by Erwin Vermeulen, Chief Engineer, M/Y Brigitte Bardot Pilot whale meat for sale in a supermarket Photo: Sea Shepherd / Erwin Vermeulen Every year the discussion flares up if there is a commercial aspect to the Faroese pilot whale ...
 Sea Shepherd2 months ago
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