
Iceland has been unable to lift the capital controls due to a shortage of foreign currency. This is in large part due to the currency need of the failed banks’ estates. Creditor expectations of domestic asset recovery exceed the Chamber’s estimated scope for exemptions from the capital controls.

On February 14th, the Iceland Chamber of Commerce will host the annual Iceland Business Forum. This year, the title of the Forum is “Visibility Unclear: Leadership in a World of Uncertainty “.

Hulda Bjarnadóttir has been appointed Managing Director of The International Division of The Icelandic Chamber of Commerce from March 1st and takes over from Kristin S. Hjálmtýsdóttir who now holds a position as the Director of the Red Cross in Iceland. For the past five years Hulda has served as a …

The Chamber recently published a new report called “The Icelandic Economy” The report covers the current economic landscape, recent developments and notable events in Iceland‘s political, economic and business environment and Iceland‘s future prospects with regards to the economy‘s external …
The internationalisation of the Icelandic financial sector proceeded from market liberalisation, European integration, and privatisation, on the base of a strong, well-funded pension system and an exceptionally healthy institutional framework. This report examines closely the current state of the …

The Icelandic economy has undergone drastic changes since the financial crisis in 2008. The report provides an overview of the current state of the economy, recent developments, and future prospects. A coverage of the recent changes in the housing and labour markets has been added to this latest …
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