Business
Central Bank Raises Key Interest Rate by 0.75%
The Central Bank of Iceland has raised interest rates by 0.75 percentage points. The hike takes the Bank’s key interest rate to 2.75%. Decade-high inflation
Ragnar Tómas
February 9, 2022
Ásgeir Jónsson
In Focus
Muddying the Waters—the Debate Over Special Interest in Iceland
“By and large controlled by special interest.” In a recent interview with Stundin, Ásgeir Jónsson, Governor of Iceland’s Central Bank, stated that Iceland was “by and large, controlled by special interest” and that “quarrelling with them was no laughing matter.” Ásgeir’s comments were in part inspired by an ongoing dispute between the Central Bank and […]
Ragnar Tómas
May 17, 2021
Business
FSA Iceland Investigates Pension Funds’ Decisionmaking Following Icelandair Stock Offering
The Financial Supervisory Authority of the Central bank of Iceland is investigating the pension funds’ involvement with Icelandair’s stock offering last week, Central Bank Governor
Gréta Sigríður Einarsdóttir
September 24, 2020
Business
Central Bank Lowers Interest Rates by 0.50%
In a statement released this morning, the Monetary Policy Committee (MPC) of the Central Bank of Iceland announced that it has decided to lower the
Ragnar Tómas
March 11, 2020
Business
Central Bank to Respond to COVID-19
Iceland’s Central Bank is preparing a response to the COVID-19 epidemic, RÚV reports. As noted today by the Department of Civil Protection and Emergency Management,
Ragnar Tómas
March 4, 2020
Business
Vocational Education and Start Up Support Keys to Boosting Economy
Central Bank Governor Ásgeir Jónsson says vocational education and financial support of start-up companies are the key actions needed to boost the Icelandic economy. Ásgeir
Jelena Ćirić
February 6, 2020
Business
A Króna for Your Thoughts
To some, he is the face of the financial bubble as the chief economist of Kaupþing, ahead of the 2008 financial crash. To others, he is the perfect man to shape the Icelandic economy, with his expertise in monetary policy. The new man at the helm of the Central Bank of Iceland is Governor Ásgeir Jónsson.
Jóhann Páll Ástvaldsson
January 22, 2020
Central Bank Lowers Interest Rates for Third Consecutive Month
According to Governor of Iceland’s Central Bank, Ásgeir Jónsson, Icelandic businesses will get off lightly as far as the foreseeable economic contraction is concerned, RÚV
Ragnar Tómas
November 7, 2019
Business
“Easier to Sell Assets During Periods of Economic Growth”
The Governor of Iceland’s Central Bank, Ásgeir Jónsson, expressed skepticism regarding the timing of the State Treasury’s proposed sale of Íslandsbanki in a recent interview with
Ragnar Tómas
October 3, 2019
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