Iceland

...their displeasure known, too,'' warned the splendidly named Haukur Parelius as we hurtled along a deserted Icelandic rural road. Iceland's horses - there are 60,000 of them in a nation of just 300,000 citizens - are everywhere in this...

In this article: European Union, Unemployment, Thingvellir, and Reykjavik

Navigation - link to other main sections from here You might not know it, but St Cecilia has also visited Iceland. She chose the isolated region of Borgarfjordur: the little church of Husafell, in the shadow of two great glaciers, is...

In this article: Reykjavik, Holy Spirit, Thor Vilhjalmsson, and Evelyn Glennie

...by ex-Baugur chief Jon Asgeir Johannesson over Hagar investment Malcolm Walker, the chief executive of the Deeside-based Iceland frozen food chain, has been approached by Jon Asgeir Johannesson, the founder of collapsed high street...

In this article: Jon Asgeir Johannesson, Hagar, Kaupthing, Baugur, Tom Hunter, Bankruptcy, and Debenhams

...restaurants and bars in Windsor, and even if you can't afford a holiday in Banff, it's never been cheaper to take your vacation in Iceland. As of Wednesday, the Canadian dollar -- aka "Loony," after the bird displayed on the currency --...

In this article: U.S., Europe, Kwame Kilpatrick, and National Lampoon's European Vacation

...get up to 80% of the lost funds returned Cornwall Council financiers are in negotiations to try to recover millions of pounds lost when Icelandic bank Landsbanki collapsed. The former Cornwall County Council invested GBP5m in the bank...

In this article: Landsbanki, Creditor, Carbon, and Audit Commission

...success stories has transformed a design scene once considered frivolous back when banking was choice into one of the few sectors driving Iceland out of its economic quagmire. In September, the Ministry of Industry bestowed its first...

In this article: Reykjavik, Nile perch, Minke Whale, Bespoke, Left-Green Movement, and Social Democratic Alliance

After a year of soul-searching over the financial crisis that floored Iceland's economy, Icelanders are apparently yearning for the return of old-fashioned qualities like honesty. Honesty came top on Saturday when 1,500 Icelanders...

In this article: Bankruptcy and Reykjavik

...its credit rating will avoid junk status as policy makers rebuild the financial industry and ease capital controls. ''I'm optimistic Iceland will retain its investment grade,'' said the Economy Minister, Gylfi Magnusson. ''If one were to...

In this article: Moody's, Fitch, Standard & Poor's, and International Monetary Fund

...progressively lifting capital controls implemented a year earlier to stop a run on its currency. Iceland also last month agreed to pay off EUR3.8 billion it owes foreign governments, prompting the International Monetary Fund to release...

In this article: Moody's, Fitch, Credit default swap, Inflation, S&P, International Monetary Fund, and London

The krona has stabilised since interest rates were raised last year Iceland's central bank has cut interest rates to 11% from 12%, as hopes build that the country is starting to stabilise after the financial crisis. Interest rates have...

In this article: Unemployment, Currency crisis, Jyske Bank, International Monetary Fund, Sri Lanka, and US