Iceland and the EU

Latest business news about Iceland and the European Union

• Iceland country profile

Shake-up in Iceland cabinet amid row over EU stance — 01 January 2012, 12:54 CET

Iceland's centre-left government was reshuffled Saturday, whittling down the number of ministries from 10 to eight, amid charges from one of two booted ministers his anti-EU stance was to blame.

EU's Atlantic neighbours told 'last chance' in mackerel war — 17 December 2011, 22:22 CET

Iceland and the Faroe Islands face their "last chance" to end a mackerel quota war in negotiations next month, EU fisheries ministers said, otherwise the EU could impose sanctions.

First Icesave payouts made to British, Dutch savers — 07 December 2011, 18:22 CET

The winding-up board of failed Icelandic bank Landsbanki has begun reimbursing savers who lost money in the collapse of its online branch Icesave, primarily British and Dutch savers.

Iceland court ruling paves way to end of Icesave dispute — 28 October 2011, 23:10 CET

The Iceland Supreme Court ruled Friday in favour of emergency laws introduced during the 2008 financial crisis, removing the last uncertainty about whether the country can settle its Icesave debt to Britain and the Netherlands.

EU 'positive' over Iceland's membership talks — 20 October 2011, 21:31 CET

Iceland's European Union membership negotiations are progressing well, EU Enlargement Commissioner Stefan Fuele said Thursday following talks in Reykjavik.

Europe's economic woes may hurt Iceland's EU bid — 21 September 2011, 15:54 CET

Europe's economic and financial problems may undermine Icelanders' support for joining the European Union, Prime Minister Johanna Sigurdardottir told AFP in an interview.

Iceland president calls for EU Icesave probe — 04 September 2011, 19:51 CET

Icelandic President Olafur Ragnar Grimsson as called for a probe into how the EU allowed Britain and the Netherlands to put so much pressure on Reykjavik in the dispute over the failed Icesave bank

Iceland eyes end to Icesave tiff, as failed bank covers debt — 02 September 2011, 23:44 CET

Iceland said Friday it expected a stand-off with Britain and the Netherlands over the failed Icesave bank could be resolved as assets at the lender's parent company would cover all the depositor claims.

Iceland sees end to Icesave dispute — 03 September 2011, 00:13 CET

Iceland said Friday it expected a stand-off with Britain and the Netherlands over the failed Icesave bank could be resolved as assets at the lender's parent company would cover all depositor claims.

WikiLeaks says complaint against Visa, MasterCard sent to EU — 13 July 2011, 11:35 CET

WikiLeaks and DataCell, the Icelandic data hosting service provider that handles WikiLeaks' donation collection, has sent a complaint to the European Commission against Visa and Mastercard.

Visa reinstates WikiLeaks block after breach — 09 July 2011, 12:52 CET

Visa Europe said Friday it has reinstated its block on credit card donations to whistleblower website WikiLeaks, after discovering it had been breached, prompting the website to launch legal action.

WikiLeaks delays complaint against Visa, Mastercard — 07 July 2011, 16:27 CET

WikiLeaks is delaying its complaint to the European Commission against credit card giants Visa and MasterCard in the hopes of reaching an out-of-court deal, the website's lawyer said Thursday.

WikiLeaks to file complaint against Visa, Mastercard — 04 July 2011, 19:53 CET

WikiLeaks will lodge a complaint with the European Commission against credit card giants Visa and MasterCard if the two companies refuse to lift their ban on donations to the site, their lawyer said on Monday.

Ex-PM on trial for Iceland bank fall says he saved economy — 03 July 2011, 23:46 CET

Iceland's former prime minister Geir Haarde, facing trial over the country's 2008 financial meltdown, describes the case as a farce, insisting he actually helped rescue the economy from a fate similar to that of Greece.

Iceland opens EU membership talks — 27 June 2011, 16:44 CET

Iceland on Monday opened negotiations to join the European Union, with fishing disputes and anti-EU sentiment on the island the only hurdles for a nation already well integrated with the bloc.

Fishing could cloud Iceland's smooth sail to EU accession — 24 June 2011, 08:58 CET

Iceland is set next week to begin detailed EU membership talks, with the issue of fishing seen as the main hurdle in an otherwise easy process.

OECD upbeat on Iceland economy, but more reform needed — 21 June 2011, 14:16 CET

Iceland has largely recovered from its deep slump in the wake of the global financial crisis, says the OECD, but it calls for further strengthening of the country's monetary policy and changes to its fisheries management.

Iceland rebuts European body's Icesave repayment deadline — 11 June 2011, 18:41 CET

Iceland disagrees with a European watchdog's three-month deadline to repay Britain and the Netherlands for compensation they shelled out to their citizens who lost money in the collapse of the Icesave bank.

Air traffic almost normal as Icelandic volcano settles — 26 May 2011, 11:23 CET

Air traffic disruption triggered by the eruption of Iceland's Grimsvoetn volcano was reduced to parts of Norway and Sweden Thursday, as the last spits of hot vapour seeped out of the crater.

500 flights cancelled Tuesday due to volcano: Eurocontrol — 24 May 2011, 19:45 CET

Around 500 flights were cancelled on Tuesday after an ash cloud from an Icelandic volcano blew over northern parts of Britain, European air traffic controllers said.

Skies look clear Monday, Tuesday: Euro air traffic control — 23 May 2011, 20:30 CET

Travellers should be free to take to Europe's skies at least until later Tuesday although airspace may be "affected" when an ash cloud from an Icelandic volcano's eruption reaches northern Scotland, European authorities said.

New EU-Iceland mackerel dispute talks fail — 11 March 2011, 15:39 CET

Three-day talks between the European Union, Norway and Iceland to find a solution to the so-called mackerel war failed without the parties agreeing on new quota levels, Norway said on Friday.

European Commission opinion on Iceland's EU accession bid - key findings — 24 February 2010, 14:56 CET

The European Commission has issued its opinion recommending the opening of accession negotiations with Iceland following the country's application for membership of the European Union. In the opinion, the Commission acknowledges Iceland's adherence to the common values of the Union, such as democracy, rule of law and respect for human rights. It identifies challenges ahead on the road to accession. Following today's recommendation by the Commission, it is now for the Council of the European Union to decide on the opening of accession negotiations with Iceland.

Fiscal and Tax Environment in Iceland — 22 June 2010, 19:52 CET

Information about the fiscal and tax environment for international organisations, investing in Iceland.

EU Delegation to Iceland — 27 January 2010, 19:39 CET

Contacts of the European Delegation to Norway and Iceland.