Central Banker: Iceland State Default Very Unlikely

THE risk of Icelandic sovereign default is “almost non-existent” and the country could honour all of its debt obligations by relying purely on its existing reserves, its central bank governor said in an interview on the sidelines of meetings at the Bank for International Settlements in Basel, Mar Gudmundsson said agreement could be reached on Icesave within one to two weeks.

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Spendensammlung für Future of Hope

Future of Hope (Zukunft der Hoffnung) ist eine Dokumention in Spielfilmlänge über die positiven und inspirierenden Dinge, die in Island seit dem ökonomischen Zusammenbruch entstanden sind. Der Film versucht den Ruf und das Bild Islands weltweit zu verbessern.

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Iceland Sees 3.3 Percent Increase in GDP

The GDP in Iceland is believed to have grown by 3.3 percent in real value from the third to fourth quarter of 2009. At the same time the national expenditure increased by 2.7 percent, private consumption by 1.4 percent and investment by 16.6 percent.

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