Iceland

Iceland returns to global market with lifts on capital controls

Iceland is to lift capital controls on individuals, firms, and pension funds from Tuesday, the finance ministry announced.

Britons fear rise in cost of fish and chips due to Iceland strike

Britain's national dish could be about to take a hit, all because of little Iceland.

Stier thanks Iceland for being first to recognise Croatia 25 yrs ago

Croatian Foreign Minister Davor Ivo Stier thanked Iceland's government in Reykjavík on Thursday for the fact that Iceland was the first country to recognise Croatia's independence 25 years ago.

Iceland impasse over as three parties agree to form government

Iceland's political impasse ended on Tuesday when three parties led by the conservative Independence Party announced they have agreed to form a new government.

Third attempt to form Iceland government fails

A third attempt to form a new government in Iceland failed Monday as the leader of the anti-establishment Pirate Party handed back the mandate to the president.

Iceland president asks Pirate Party to attempt to form government

Iceland's president on Friday gave the leader of the anti-establishment Pirate Party the task of forming the next government, a month after the elections.

Iceland in limbo after Left Green coalition bid fails

Iceland still doesn't have a new government after coalition talks failed between the Left Green Movement and four other parties.

Five parties open talks on Iceland coalition

Talks opened Monday on forming a new five-party coalition government in Iceland, Left Green Movement leader Katrin Jakobsdottir said.

Iceland coalition negotiations broken off over EU, fishing quotas

Talks on forming a new government in Iceland broke off Tuesday as a mooted coalition of centre-right parties failed to bridge differences on either a referendum on European Union membership talks or the topic of fisheries.

Icelandic conservatives begin coalition negotiations

Bjarni Benediktsson, leader of Iceland's conservative Independence Party, began negotiations with the country's young parties on Saturday aimed at forming a new government.

Iceland faces tough coalition talks after unclear election result

Iceland was facing the prospect of tough coalition negotiations Sunday after a parliamentary election ousted the centre-right ruling government, but produced no clear winner.

Icelanders set to oust government as Pirates make gains

Iceland's ruling centre-right coalition looks set to lose power after Saturday's parliamentary election, broadcaster RUV reported early Sunday, with 51,000 votes counted.

Anti-establishment Pirates eye government as Iceland polls under way

Icelanders were voting in parliamentary elections on Saturday where the anti-establishment Pirate Party is tipped to form part of a new government.

Voting under way in Iceland for new parliament

Voters were heading to the polls in Iceland on Saturday, where the anti-establishment Pirate Party is tipped to form part of a new government.

Russian bombers flew under Iceland passenger plane

Two Russian military aircraft recently flew under an Icelandic passenger jet without their transponders activated, raising queries about risky behaviour, an Icelandic daily said Monday.

Iceland nation in "cold war" with Iceland Foods over trademark claim

The government of Iceland has reacted angrily after a British supermarket chain of the same name registered the word "Iceland" as a trademark, prompting possible legal action from the firm's namesake nation.

Historian Johannesson takes office as Iceland's president

Newly elected Icelandic President Gudni Th Johannesson said he was committed to be a unifying force, but vowed "to point out both things that are well done and others that could be done better" after he took office on Monday.

Iceland national team gets huge reception after first-ever Euro

Icelandic football fans received the island's national side like conquering heroes, as the team returned home Monday night after being eliminated in the quarterfinals of their first-ever European championships.

Rampant France end Iceland's miracle run 5-2 in Euro quarters

Rampant hosts France brutally ended Iceland's fairytale run at Euro 2016 with a crushing 5-2 victory on Sunday for a semi-final date with world champions Germany.

France won't underestimate Iceland, who like their chance as well

Hosts France need an all-out effort and not just their reputation to beat confident surprise team Iceland in Sunday's Euro 2016 quarter-finals, captain Hugo Lloris warned.

Iceland's new president shuns VIP box to watch game with fans

Iceland's newly elected president Gudni Thorlacius Johannesson prefers to watch his country's national team with the fans rather than from the rarefied confines of the VIP area.

Football fever in Iceland ahead of key match against hosts France

Iceland basks in football success with fans hoping for new upset in France.

High-flying Iceland the next test of courage for hosts France

Euro 2016 hosts France continue their buildup for a quarter-final date with high-flying Iceland who will have nothing to lose. France are by contrast condemned to win but face defensive problems.

"Never wake me up!" - Iceland celebrate new Euro triumph

Iceland’s national football team took what is likely their biggest scalp ever after eliminating England at the Euro 2016 football championship, setting up a quarter final tie against host nation France.

Surprise package Iceland eliminate dismal England

Iceland's romantic Euro 2016 saga continued Monday with a surprise 2-1 comeback defeat of dismal England, in an eventful round of 16 clash.

Iceland's new president heads to European Championship after election

Historian and football fan Gudni Thorlacius Johannesson said Sunday he was heading to France to watch "our football boys" play England in the round of sixteen in Nice shortly after declaring victory in Iceland's presidential election.

Iceland's presidential vote closer than expected

Results in Iceland's presidential elections were closer than expected as the first ballots were counted in a vote that had been eclipsed by a national fervour surrounding the Icelandic football team's success in the Euro 2016.

Iceland's presidential vote overshadowed by Euro 2016 success

Votes were being tallied Saturday evening in Iceland in a presidential election that had been eclipsed by a national fervour surrounding the Icelandic football team's success in the Euro 2016.

Iceland's presidential vote draws low turnout amid Euro 2016 success

Voting was underway in Iceland's presidential poll on Saturday, as experts predicted a historically low turnout amid a national fervour surrounding the Icelandic football team's success in the Euro 2016.

Voting underway in Iceland for new president

Voting began Saturday for a new president in Iceland, with a record nine candidates in the running.

Rooney targeting Euro 2016 victory rather than mere progress

After a series of failures at major tournaments, England are once again eyeing the path to success at Euro 2016. Iceland stand in their way in the last 16.

"Thanks for coming, Austria" - Iceland celebrate Euro fairytale

Tiny Iceland added a new chapter to its football saga after securing a berth among the final 16 at the Euro 2016 football championship, a victory that saw fans erupt in joy.

Presidential historian tipped to become Iceland's new head of state

For the first time in 20 years, Iceland is to get a new president with a politically untested historian tipped to win. Yet voters in the North Atlantic country are currently more interested in how their national football team is doing at the European Championship.

Iceland continue their Euro 2016 miracle, England next

Dismissed by the mighty Cristiano Ronaldo as "small minded" and defensive, tiny Iceland were not intimidated and have now qualified ahead of Ronaldo's Portugal for the last 16, where a dream date with England awaits them.

Iceland into last 16 date with England after beating Austria 2-1

Arnor Ingvi Traustason scored on the last play of the match as tiny Iceland beat Austria 2-1 and earned themselves a last 16 date with England at Euro 2016 on Wednesday.

Hungary stand on brink of last 16, Iceland continue to impress

A late own goal has left Hungary on the brink of the Euro 2016 knock-out stages but Iceland too are surpassing expectations and may extend their stay in France.

Iceland own goal gives Hungary late equaliser in 1-1 draw

Euro 2016 debutants Iceland conceded a late own goal in securing only one point in a 1-1 draw against Hungary on Saturday.

Hungary defender Fiola out with "serious" injury

Hungary full-back Attila Fiola will miss the rest of the group stage at Euro 2016 through injury, coach Bernd Stock said Friday.

Iceland relishing life at Euro 2016 - and looking to extend stay

Few gave Iceland a chance at Euro 2016 but a brilliant draw with Portugal in their opening game allows the minnows to dream of reaching the knock-out stages.

Ronaldo taking responsibility as Portugal seek title

Iceland are attempting to keep the pressure off in the build-up to their European Championship while Cristiano Ronaldo, the star of opening opponents Portugal, is relishing his status as a leader.

Report: In-laws of Iceland's president linked to Panama Papers leak

Iceland's president faces potential questions in his re-election campaign over reports Tuesday that his parents-in-law had a company in a Caribbean tax haven.

Thousands of protesters renew calls for early elections in Iceland

Thousands of people protested Saturday outside Iceland's parliament for the sixth day running, calling for early elections in the wake of a major data leak that resulted in the resignation of the former prime minister.

Iceland government survives no-confidence vote after Panama Papers

Iceland's centre-right government survived a no-confidence vote late Friday, the day after the prime minister resigned in the wake of a major data leak that sparked widespread condemnation of his financial dealings.

Iceland lawmakers debate no-confidence motion after Panama Papers

Iceland's opposition demanded immediate elections to restore trust in the political system as lawmakers on Friday debated a no-confidence motion after the Panama Papers leak.

Iceland lawmakers to debate no-confidence motion after Panama Papers

The government of Iceland's new prime minister, Sigurdur Ingi Johannsson, faces a no-confidence vote Friday, a day after taking office following fallout from the Panama Papers.

New Iceland premier takes office after Panama Papers leak

Iceland on Thursday got both a new prime minister and a new foreign minister, following the resignation of premier Sigmundur David Gunnlaugsson in the wake of a data leak from a Panama-based law firm.

Iceland premier resigns after Panama Papers leak

Iceland's prime minister since 2013 formally resigned on Thursday in the wake of a data leak from a Panama-based law firm suggesting he and his wife had an offshore company in a Caribbean tax haven.

Panama Papers: Iceland to revamp government as premier takes time out

Iceland's ruling coalition parties have opened talks about revamping the government after Prime Minister Sigmundur David Gunnlaugsson said he was taking a break from politics after being linked to a tax haven, a cabinet member said on Wednesday.

Icelandic premier offers to resign in wake of Panama Papers leak

Icelandic Prime Minister Sigmundur David Gunnlaugsson offered to resign Tuesday amid an uproar caused by a massive data leak from a Panama law firm that suggested he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Iceland premier says "not afraid" of facing electorate

Iceland's beleaguered Prime Minister Sigmundur David Gunnlaugsson says he is "not afraid" of facing voters after meeting with coalition partner Bjarni Benediktsson, the finance minister who heads the Independence Party.

Icelandic premier rejects calls to quit amid leaked Panama Papers

Iceland's prime minister, Sigmundur David Gunnlaugsson, rejected calls Monday to resign or call early elections following a claim that he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Iceland's president won't seek re-election after 20 years in job

Icelandic President Olafur Ragnar Grimsson announced in his New Year's address Friday that he will not seek re-election for the office he has held for 20 years.