Icelandic Economy
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Government statement regarding guidelines from the CBI and FME
The Central Bank of Iceland (CBI) and the Financial Services Authority (FME) have issued new guidelines for financial undertakings on the treatment of loans linked to foreign exchange rates.
More...Supreme Court decision pertaining to the legality of loans indexed to foreign currency
On Wednesday June 16 the Supreme Court issued verdicts in two court cases pertaining to the question of whether it is legal to index car leasing payments in krona to changes in exchange rates of foreign currency.
More...- Joint press release by the Ministry of Economic Affairs and Ministry of Foreign Affairs about the OECD Ministerial Meeting in Paris May 27-28 2010
- OECD - Economic outlook
- Formal notice by the EFTA surveillance authority
- New financial institutions assume deposits and assets of Byr and Keflavik Savings Bank
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Minister
Gylfi Magnússon
- Minister of Economic Affairs since February 2009.
- Associate professor at the Department of Business Administration since 1998.
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