Iceland
Icelandic research proposes new measure of core inflation
‘Dynamic factor measure' outperforms current core measures in terms of matching the mean of CPI inflation while having lower volatility, argues author
Iceland renovates approach to financial stability
Már Guðmundsson comments on introduction of financial stability council and systemic risk committee in Central Bank of Iceland publications
Dutch central bank sells claims on failed Icelandic lender Landsbanki
The Netherlands Bank recovers $2.2bn it paid out to Dutch depositors of Landsbanki in 2008 as it sells last claims on failed bank's estate to Deutsche Bank
Iceland governor included in three-man shortlist to replace him
Sitting governor Mar Guðmundsson is one of three deemed ‘very well qualified' to take the next term as head of the central bank
IMF calls on Iceland to defend central bank credibility
As the evaluation committee prepares to interview candidates for governor, IMF visit reminds Iceland of the need for a credible and independent central bank
Icelandic police chief heads ‘bizarre' committee to choose next governor
Icelandic economists criticise choice of Reykjavik police chief to chair three-person panel charged with recommending the next central bank governor
Iceland changes monetary policy framework as capital controls set to be lifted
The central bank's overhaul of key instruments in anticipation of balance sheet reduction and lifting of capital controls signals start of policy normalisation six years after crisis
Iceland prepares to phase out smallest banknote
Central Bank of Iceland hints at replacing the 500 krónur banknote with a coin, and scrapping the three lowest value coins altogether; introduced new 10,000 krónur note last year
Iceland MPC fears debt relief package will boost inflation
Central Bank of Iceland frets over economic impact of government's plan to relieve 100,000 households of $1.32 billion in debt
Banks could be forced to leave UK if home regulators are found wanting
Draft rules published today by the UK banking supervisor put pressure on non-EEA countries to up supervision of banks that want to do business in London
Cold comfort for Icesave guarantors
Putative Icelandic government demands on the Landsbanki insolvency estate likely behind UK and Dutch lawsuits
Iceland governor must re-apply for post as government mulls central bank shake-up
Ministry of finance says decision to review central bank's governing structure means it will advertise for applications for governorship; media speculate that political motives play a part
Central Bank of Iceland to offload Kaupthing bonds acquired in the crisis
The bank will sell $860 million worth of covered bonds issued by Kaupthing Bank before the financial crisis over the next five years
Iceland governor denies 'playing politics' over plans for household debt relief
Mar Guðmundsson says government plans to reduce household debt burden will not involve 'printing money'; rejects reports that he was accused of ‘playing politics’ by prime minister
Iceland central bank closes last vault outside of Reykjavik
Vault closure is the culmination of a 10-year review of the bank's role in distributing banknotes around the sparsely populated island nation
Iceland’s Guðmundsson backs MAS-style stability model
Icelandic governor says managed float and strong supervision are important lessons to be taken from Singapore; says capital controls helped avoid a default in Iceland, but should not be used lightly
People: Iceland deputy handed second term; IMF appoints new statistics head
Arnór Sighvatsson gets second and final term at Central Bank of Iceland; Canadian ‘chief statistician' makes DC switch to head IMF stats office
Icelandic finance minister backs euro switch
Katrín Júlíusdóttir says adopting euro could help to restrain inflation and boost investment; Central Bank of Iceland publishes annual report
Icelandic paper finds country's response to banking crisis was optimal
Research by Central Bank of Iceland looks at various alternatives to Iceland’s handling of the 2008 banking collapse, but finds none yield better outcomes than the baseline scenario
Efta court's Icesave ruling leaves European deposit insurance in tatters
Efta court move to dismiss deposit insurance claims on Iceland is a ‘Pyrrhic victory’ that throws the participation of small countries in the single banking market into doubt, argues Tim Young
Central Bank of Iceland suspends its foreign currency purchases
Iceland's central bank seeks to mitigate an ‘undesirably large’ depreciation of the Icelandic króna
Icelandic rates raised as 2013 growth prospects strengthen
Inflation is lower than monetary policy committee expected; likely to be offset by spare capacity and low exchange rate
Central Bank of Iceland minutes hint at future tightening
Interest rate hold narrowly passed by central bank’s monetary policy committee in October as Iceland appears to shift towards withdrawing accommodative policy in near future
Central Bank of Iceland minutes show rate-hold hesitancy
Minutes of the monetary policy committee’s August meeting detail dispute over interest rate; members discuss impact of currency depreciation