Iceland
Island and Country
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Iceland slashes rates, Russia studies loan request - Yahoo! News...the local currency untradeable. Belgium meanwhile offered a lifeline to Iceland's biggest bank, Kaupthing Bank, and was sending Prime Minister Yves Leterme to visit Iceland on Friday to meet Haarde. Belgian Finance Minister Didier... In this article: Iceland, International Monetary Fund, Geir Haarde, Kaupthing Bank, David Oddsson, Inflation, Didier Reynders, Washington, and Russia |
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Reuters | October 15, 2008
UPDATE 1-Belgium offers Iceland lifeline for Bank Kaupthing
...so that all the creditors keep 100 percent of their savings." He said Belgian Prime Minister Yves Leterme would visit Iceland on Friday to meet his counterpart, Geir Haarde. Belgian news agency Belga reported earlier that Belgium and...
In this article: Kaupthing Bank, International Monetary Fund, Geir Haarde, Didier Reynders, European Union, Yves Leterme, and Belgium
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Sydney Morning Herald - Business | October 05, 2008
Crude oil falls as financial crisis worsens
...share in BNP Paribas. In Iceland - particularly hard-hit by the credit crunch - government officials and banking chiefs were discussing a possible rescue plan for the country's overstretched commercial banks. British treasury chief...
In this article: OPEC, Credit crunch, New York Mercantile Exchange, Yves Leterme, Europe, and US
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Reuters | October 15, 2008
WRAPUP 5-Iceland cuts rates, Russia studies loan request
...rate to 12 percent from 15.5 percent. Belgium meanwhile offered a lifeline to its biggest bank, Kaupthing Bank, and was sending Prime Minister Yves Leterme to Iceland on Friday to meet Haarde. Belgian Finance Minister Didier Reynders...
In this article: International Monetary Fund, Kaupthing Bank, Geir Haarde, Russia, Inflation, Didier Reynders, Moscow, and Brussels
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AFP Finance News | October 11, 2008
Finance, Business and Company News - Yahoo!7
...this week for a loan of four billion euros. Iceland's biggest bank, Kaupthing, which has been taken over by the government, has led to complaints from Belgium's Prime Minister Yves Leterme. He has written to his counterpart in...
In this article: Icesave, Reykjavik, Icesave, Kaupthing, Landsbanki, Gordon Brown, Yves Leterme, and Yahoo
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Times Online | December 19, 2008
Belgian Prime Minister Yves Leterme offers resignation over bank crisis
...linguistic lines between the Flemish north and French-speaking south. The banking crisis has led to street demonstrations in Iceland calling for the resignation of Prime Minister Geir Haarde and led Latvian Prime Minister Ivars Godmanis...
In this article: Yves Leterme, Fortis, BNP Paribas, Belgium, Credit crunch, Geir Haarde, Ulcer, Jo Vandeurzen, and Supreme Court
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Yahoo! News | October 17, 2008
Russia not yet ready to lend to Iceland - Yahoo! News
...into operations. Leterme said no loan to Iceland had been discussed. But with banking debts several times its gross domestic product, Iceland needs money badly. Analysts have also wondered what price Russia -- suffering its own...
In this article: Geir Haarde, Yves Leterme, Russia, Kaupthing, International Monetary Fund, Yahoo, and Luxembourg
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Reuters | October 16, 2008
UPDATE 1-Iceland sees IMF decision within a week
...is due in Reykavik on Friday. The EU said in a statement after a summit that the international community should support Iceland, but that the country must stand by its international commitments. In a hopeful sign for the authorities,...
In this article: International Monetary Fund, Glitnir, Geir Haarde, Kaupthing, Landsbanki, Britain, Thomson Reuters, EU, and Russia
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Reuters | October 15, 2008
WRAPUP 3-Iceland slashes rates, seeks Russian help in crisis
...currency untradeable. A team from Iceland, hit particularly hard by the global financial crisis, met Russian officials in Moscow on Wednesday for a second day of talks on a possible multi-billion-euro loan. Belgium meanwhile offered a...
In this article: Kaupthing Bank, International Monetary Fund, Geir Haarde, David Oddsson, Inflation, Didier Reynders, Washington, and Brussels
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Reuters | October 16, 2008
Iceland hopes calm returning, questions remain
...will look at ways to help Kaupthing. The EU said in its summit statement that the international community should support Iceland, but that the country must stand by its international commitments. Russia is also considering a request for...
In this article: Kaupthing, International Monetary Fund, Geir Haarde, Glitnir, Thomson Reuters, EU, Luxembourg, and Russia
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Description from Wikipedia:
Iceland, officially the Republic of Iceland (/ˈaɪslənd/) (Ísland or Lýðveldið Ísland (names of Iceland); IPA: /ˈistlant/), is an island country located in the North Atlantic Ocean between mainland Europe and Greenland. It has a population of about 320,000 and a total area of 103,000 km². Its capital and largest city is Reykjavík.
Located on the Mid-Atlantic Ridge, Iceland is volcanically and geologically active on a large scale; this defines the landscape. The interior mainly consists of a plateau characterized by sand fields, mountains and glaciers, while many big glacial rivers flow to the sea through the lowlands. Warmed by the Gulf Stream, Iceland has a temperate climate relative to its latitude and provides a habitable environment and nature.
The settlement of Iceland began in 874 when, according to Landnámabók, the Norwegian chieftain Ingólfur Arnarson became the first permanent Norwegian settler on the island. Others had visited the island earlier and stayed over winter. Over the next centuries, people of Nordic and Celtic origin settled in Iceland. Until the twentieth century, the Icelandic population relied on fisheries and agriculture, and was from 1262 to 1918 a part of the Norwegian and later the Danish monarchies. In the twentieth century, Iceland's economy and welfare system developed quickly. In recent decades, Iceland has implemented free trade in the European Economic Area and diversified from fishing to new economic fields in services, finance, and various industries.
- Name:
- Iceland
- Conventional Long Name:
- Republic of Iceland
- Local Name:
- Lýðveldið Ísland
- Capital:
- Reykjavík
- Language:
- Icelandic
- Motto:
- None
- Largest City:
- Reykjavík
- Government type:
- Parliamentary republic
- Founding Date:
- February 01, 1904
- Formations:
- Republic
- Area:
- 39,770
- GDP (per capita PPP):
- $12.274 billion
- GDP (per capita PPP) Rank:
- 5th
- GDP (nominal):
- $20.228 billion
- GDP (nominal per capita) Rank:
- 4th
- GPD (nominal) Rank:
- 93rd
- GDP (nominal per capita):
- $64,547
- Time Zone:
- GMT
- Currency:
- Icelandic króna
- Demonym:
- Icelander, Icelandic
- Drives On:
- right
- Currency (code):
- ISK
- Country Calling Code:
- 354
- ccTLD:
- .is
- Anthem:
- Lofsöngur
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