Iceland pays price for financial excess
Iceland’s ‘great unwind’ is the result of excesses built up in a framework of light regulation following hasty privatisation, writes Robert Wade
Icelandic economy
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Fears that Iceland could be the first country to fall victim of the global financial turmoil grew when its central bank abruptly raised interest rates
Baugur shifts assets as it eyes UK move
Baugur, the Icelandic retail investment group, will on Friday announce a restructuring as the first step to becoming a limited company as it plans to move to the UK
Baugur in talks over move to Britain
Baugur, the Icelandic investment group that owns much of the British high street, could move to the UK in the wake of the conviction on book-keeping offences of executive chairman Jon Asgeir Johannesson
Iceland bank action demanded on krona
Icelandic businesses have demanded central bank action to halt the sharp slide in the value of the krona, which fell to a record low against the euro this week
Baugur sells Booker stake
Icelandic investment group raises £70m through sale of its 31.4% stake in the wholesaler but denies the move is part of a dash for cash
View of the day: Icelandic krona
Is the current weakness of the Icelandic krona justified or is it the result of exuberance? That is the question troubling Ulrich Leuchtmann at Commerzbank
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Comment & analysis
Cool under fire: Iceland takes the fight back to finance
Policymakers in Reykjavik are acting to shore up the island’s economic standing but stability may come at the cost of ceding its prized independence
Do not be alarmed by Icelandic whispers
On many indicators, Iceland is a sound economy, even if there are weaknesses that hamper monetary policy, says Wolfgang Münchau
Indignant Iceland faces a problem of perception
A strategy of debt-fuelled expansion that worked well for years is now being punished by investors – some say unfairly
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