Iceland
Iceland's recovery outlined in latest Economic Situation report
The Iceland Chamber of Commerce has published the 16th edition of its annual Icelandic Economic Situation report, outlining how the economy has recovered from the financial crisis that appeared in 2008.
Nordic Council assembles elite squad to tackle international tax avoidance
A group of up to 400 tax experts from around the Nordic region are being assembled via a Nordic Council-led project to target individuals and companies that continue to use jurisdictions such as Hong Kong to avoid paying tax.
Fitch finds EFTA Court ruling positive for Iceland credit profile
The European Free Trade Association (EFTA) Court's decision to dismiss claims that Iceland's government failed to comply with obligations to depositors in the failed Icesave bank is positive news for the country's credit profile says Fitch Ratings.
Focus on corporate bonds - Nordic supply and demand to increase, says S&P
Historically low interest rates and more costly loans from banks are set to fuel a diversification of issuance of, and more demand for, corporate bonds in the Nordic region, research by Standard & Poor's suggests.
Iceland recovery continues, Status Report says
Iceland's recovery continues with GDP growth of 3.1% in 2011, according to the 15th Status Report published by the Iceland Chamber of Commerce.
Iceland ex-PM to trial over economic collapse
Iceland's former prime minister Geir Haarde could be sent to jail for two years for his role in his country's spectacular economic collapse in 2008.
IceSave, capital controls still loom despite Fitch upgrade of Iceland
Fitch has issued a raft of upgrades on Iceland's sovereign short and long term debt, but stressed that the country's impressive economic recovery remains under threat from the cost of bailing out IceSave depositors and the challenge of managing a lifting...
The allocation conundrum facing Iceland's investors
Iceland has definitely turned a financial corner as its ‘real’ economy improves. But policies put in place to solve its financial crisis are now hampering allocation to and within the country.
Incisive Research: Nordic selectors want specialist performance
Results from the Incisive Strategy Research & Consulting survey of Nordic fund and asset selectors suggests that outright performance still beats objectives such as ESG, and that they are looking for that performance from specialists rather than more...
Barnier supports decision to take Iceland to EFTA Court over Icesave deposits
Internal Market and Services commissioner Michel Barnier has lent his support to the decision by the EFTA Surveillance Authority to refer Iceland to the EFTA Court over its position on British and Dutch depositors in bankrupt bank Icesave.
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