News
Icesavetalks adjourned
The Government of Iceland has for the last three weeks been engaged in a dialogue with the Governments of the Netherlands and the United Kingdom, hoping for a resolution of the Icesave matter.
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Meeting on the Icesave matter in London finished
The Government of Iceland today announced that the latest round of talks with the Netherlands and the United Kingdom regarding the Icesave matter have adjourned without a final resolution. Representatives of the three Governments have been meeting in London for the last two weeks.
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The Icesave issue discussed in London
The negotiation committee representing the Icelandic government met today with representatives of the UK and Dutch governments in the Icelandic embassy in London. At this meeting the negotiation committee presented a proposal for a new solution to the Icesave dispute, based on the agreement reached between government and opposition parties in the Icelandic parliament Althingi.
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The Minister of Finance the Netherlands and UK Finance Ministers
The Netherlands and UK Finance Ministers today met the Icelandic Finance Minister, who was accompanied by the leaders of the Independence Party and the Progressive Party.
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Minister of Finance confers with Nordic counterparts
The Icelandic Minister of Finance, Steingrimur J. Sigfusson, met today with the Norwegian and Danish Finance Ministers, and the Norwegian Minister of Foreign Affairs, and spoke with his Finnish counterpart by telephone. Yesterday he spoke by telephone with the Swedish Minister of Finance.
MoreIcesave Issue Resolved
Press release No. 84/2009
Yesterday evening the Icelandic parliament Althingi approved a legislation authorising a state guarantee for loans by the UK and the Netherlands to the Depositors’ and Investors’ Guarantee Fund to cover payment of mandatory minimum deposit guarantees to holders of savings accounts in branches of Landsbanki Íslands hf. in those countries.
MoreBank Reconstruction Concluded
The restructuring of Iceland’s three commercial banks is now concluded.
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New exchange agreements signed
The Nordic countries (Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden) have today concluded the signing of several new information exchange agreements with states whose international financial services industry focuses on attracting foreign investors.
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Agreement between the Icelandic government and Landsbanki's Resolution Committee on settlement
The Icelandic government, the Resolution Committee of Landsbanki Íslands (“the old bank”) and new Landsbankinn (NBI) have signed a final agreement on the settlement of assets and liabilities following the division of Landsbanki Íslands into old and new banks, following its collapse int October 2009. Representatives of leading creditors have participated in the negotiations.
MoreImportant step in the financial restructuring of BYR
The Ministry of Finance held meetings yesterday with the management of BYR Savings Bank, together with its advisors, and a number of creditor representatives.
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Agreement on ownership of Arion Bank
The Resolution Committee of Kaupthing Bank has, in consultation with the creditors and being supported by its financial advisor throughout the process, decided that Kaupthing Bank and thereby its creditors shall acquire 87% of common equity in Arion Bank. The Government will continue to own 13% of common equity.
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Announcement by the Ministry of Finance and the Resolution Committee of Kaupthing: Deadline regarding capitalization of New Kaupthing extended until end of November
The Ministry of Finance and the Resolution Committee of Kaupthing have agreed to extend the deadline for the Resolution Committee to make a decision regarding the capitalization of New Kaupthing until 30 November 2009.
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The Finance Ministers of Iceland, the United Kingdom and the Netherlands: Joint Statement upon introduction of a Bill on Icesave to the Icelandic Parliament Althingi
Following the signing of an acceptance and amendment agreement between Iceland and each of the UK and the Netherlands a bill was introduced to the Icelandic parliament today. Those amendment agreements and the Bill mark the final steps in implementing the Icesave loan arrangements between Iceland and the UK and the Netherlands.
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Joint press release from the Ministry of Finance, Íslandsbanki and Glitnir's Resolution Committee: Creditors Acquire 95% of Share Capital in Íslandsbanki
Glitnir’s Resolution Committee has, on behalf of its creditors, decided to exercise the option provided for in its agreement with the Icelandic state and take over 95% of share capital in Íslandsbanki. This concludes the settlement concerning those assets transferred from Glitnir to Íslandsbanki upon the collapse of the commercial banks last October.
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Agreement between the Government of Iceland and the Resolution Committee of Landsbanki on compensation instrument
The Government of Iceland and the Resolution Committee of Landsbanki are pleased to announce that an agreement has been reached on the outline terms for the compensation payable by New Landsbanki to Landsbanki in return for the transfer of net assets to New Landsbanki in October 2008.
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Joint press release from the Polish and Icelandic Ministries of Finance
Today in Istanbul, Turkey, a loan agreement was signed between the Republic of Poland and the Republic of Iceland. Under the agreement, the Republic of Poland will lend the Republic of Iceland 630 million Polish z³oty (PLN), the approximate equivalent of 200 million US dollars (USD).
MoreNew macroeconomic forecast 2009
This report focuses on the development and outlook of the economy for 2009-2011 on the basis of the Ministry of Finance’s most recent macroeconomic forecasts and projections up to the year 2014.
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Treasury finances January-August 2009
Figures for Treasury finances in the first eight months of 2009 are now available. Total Treasury revenue amounted to 276 billion, decreasing by -18 billion or -6.1%
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The Resolution Committee of Glitnir granted been granted an extension to October 15th to decide whether to aquire control Íslandsbanki
The Ministry of Finance has accepted a request from the Resolution Committee of Glitnir, on behalf of its creditors, for an extension until October 15th to arrive at a final decicion whether to acquire control of Islandsbanki.
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Icelandic State Banking Agency (ISBA) commences operation
The Minister of Finance has appointed the Board of Directors of ISBA which has now formally commenced its operation.
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Agreement between the Government of Iceland and the Resolution Committee of Glitnir finalised
The Government of Iceland announces the signing of definitive agreements with the Resolution Committee of Glitnir regarding the capitalisation of Islandsbanki and the basis for compensation to Glitnir and its creditors following the creation of Islandsbanki in October 2008.
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OECD Economic Surveys: Iceland 2009
Last week OECD announced its 2009 economic survey on Icelandic economy.
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Weekly Web Release September 3, 2009
Capital income is changing - Merchandise trade in August - The ownership policy of the government regarding financial firms
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Agreement between The Government of Iceland and the Resolution Committee of Kaupthing finalised
The Government of Iceland announces the signing of definitive agreements with the Resolution Committee of Kaupthing regarding the capitalisation of New Kaupthing and the basis for the compensation following the creation of New Kaupthing in October 2008
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Weekly Web Release August 27, 2009
Treasury finances January-July 2009 - Population developments in 2009
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Treasury finances January-July 2009
Figures for Treasury finances in the first seven months of 2009 are now available. Total Treasury revenue amounted to 227 billion, decreasing by -37 billion or -14.2%
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Investigating possible legal action for damages
At its meeting this morning, the cabinet approved a proposal from the Minister of Finance to set up a working group to investigate the possibility of the state bringing suit against those individuals and legal entities which can be shown to have caused financial damage to the Icelandic state and general public through their actions in the period leading up to and during the banks’ collapse.
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Capitalisation of Islandsbanki and New Kaupthing and update regarding Landsbanki
Press release nr. 56/2009
The Government of Iceland is pleased to announce that it has committed to capitalise Islandsbanki and New Kaupthing on the basis of compensation agreements which are in the process of being finalised with the Resolution Committees of Glitnir and Kaupthing.
MoreWeekly Web Release August 13, 2009
Treasury finances January-June 2009 - The 2008 Treasury accounts - Merchandise trade in July
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Treasury finances January-June 2009
Figures for Treasury finances in the first sixmonths of 2009 are now available. Total Treasury revenue amounted to 205 billion, decreasing by 21 billion or -9.2%
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Capitalisation and compensation agreement on process between the Government of Iceland and the Resolution Comittee of Landsbanki
The Government of Iceland and the Resolution Committee of Landsbanki have reached agreement in relation to a process by which compensation payable to the creditors of Landsbanki arising from the creation of New Landsbanki in October 2008 will be agreed.
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Capitalisation and compensation agreement between the Government of Iceland and the Resolution Comittee of Kaupthing
The Government of Iceland and the Resolution Committee of Kaupthing are pleased to announce that an agreement has been reached in respect of the initial capitalisation of New Kaupthing and the basis for the compensation payable between the two parties following the creation of New Kaupthing in October 2008.
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Capitalisation and compensation agreement between the Government of Iceland and the Resolution Comittee of Glitnir
The Government of Iceland and the Resolution Committee of Glitnir are pleased to announce that an agreement has been reached in respect of the initial capitalisation of Islandsbanki and the basis for the compensation payable to the creditors of Glitnir following the creation of Islandsbanki in October 2008.
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Capitalisation of the three principal Icelandic commercial banks and basis of agreement with creditors
The Government of Iceland is pleased to announce that it has determined the basis for the capitalisation of the three new banks (Islandsbanki, New Kaupthing and New Landsbanki) created following the collapse of the main Icelandic commercial banks in October 2008.
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Negotiations between the state and the resolution committees of the new banks nearing conclusion
The Government is planning to make an official announcement on Monday 20 June on the conclusion of the negotiations and how the three new banks will be capitalised.
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Background information on Nordic loans to Iceland
Loan agreements were signed on 1 July in Stockholm between Iceland and its four Nordic neighbours.
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Weekly Web Release July 2, 2009
Treasury finances January-May 2009 - Merchandise trade in June 2009
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Treasury finances January-May 2009
Figures for Treasury finances in the first five months of 2009 are now available. Total Treasury revenue amounted to 172 billion, decreasing by 22 billion or -11.5%
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Denmark, Finland, Iceland, Norway, Sweden: Joint press release on Nordic credits to Iceland
Loan agreements have today been signed between Iceland and Denmark, Finland and Sweden respectively, and between Seðlabanki Íslands, guaranteed by Iceland and Norges Bank, guaranteed by Norway.
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Landsvirkjun enters into a Response Agreement with the Icelandic State
Because of the uncertainities in the financial markets, Landsvirkjun and the Icelandic state have entered ito a response agreement.
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Weekly Web Release June 18, 2009
Recent survey of business conditions and prospects - The equity of home owners
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Weekly Web Release June 11, 2009
The Icesave agreement - The economy of the Nordic countries - Acting permanent secretary of the Ministry of Finance
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Joint statement on Icesave
The Netherlands and UK Governments have signed agreements with the Iceland Compensation Scheme to reimburse UK and the Netherlands for monies paid to eligible depositors in the Dutch and UK branches of Icesave.
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The status of capitalisation of the New Banks
The Ministry of Finance together with representatives of the New Banks and its advisers will be meeting with the Resolution Committees and their advisers during this week to commence the formal negotiations in order to conclude the capitalisation of the New Banks and the agreement of compensation for the Old Banks.
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Weekly Web Release May 28, 2009
Treasury finances January-April 2009 - The interrelationship between macroeconomic aggregates and the labour force
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Treasury finances January-April 2009
Figures for Treasury finances in the first four months of 2009 are now available. Total Treasury revenue amounted to 151 billion, decreasing by 10 billion or -5.9%
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Weekly Web Release May 7, 2009
The status of the negotiations of the resolution committees and the creditors of the „old banks” - Merchandise trade in April
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Weekly Web Release April 30, 2009
Treasury finances January-March 2009 - Recent survey of business conditions - Amendments to the Income Tax Act
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Treasury finances January-March 2009
Figures for Treasury finances in the first three months of 2009 are now available. Total Treasury revenue amounted to 122 billion, decreasing by 6 billion or -5,0%
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Weekly Web Release April 2, 2009
Treasury finances, January-February 2009 - A new forecast by the OECD - Information exchange agreement with Cayman Islands - Merchandise trade in March
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Treasury finances January-February 2009
Figures for Treasury finances in the first two months of 2009 are now available. Total Treasury revenue amounted to 91 billion, decreasing by 6 billion or -6.2%
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Weekly Web Release March 26, 2009
Changes in the interest rebate system - PAYE tax data - Enquiries due to the economic difficulties -
Featured articles in the Ministry’s macroeconomic report
MoreStatement from the Minister of Finance
In accordance with the rules on capital contributions from the Treasury to savings banks, which were issued on December 17, 2008, the Ministry of Finance has already received applications from Sparisjódur Nordfjardar, Sparisjódur Keflavíkur, Sparisjódur Vestmannaeyja, Sparisjódur Svarfdæla, Sparisjódur Bolungarvíkur, and Byr.
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Weekly Web Release March 19, 2009
Wage income by age - Payment adjustment measures for the business sector - The investment authority of pension funds
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Weekly Web Release March 12, 2009
The growth in unemployment differs by sector and gender - Earmarked taxes - Repayment of commodity tax and value added tax on re-exported used vehicles
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Appointment of Hawkpoint to lead negotiations with banking creditors
The Government of Iceland has taken steps to strengthen and streamline the process of negotiations between the three new banks created in the wake of the collapse of the main Icelandic commercial banks (Glitnir, Kaupthing and Landsbanki) and the creditors of the old banks.
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Weekly Web Release March 5, 2009
Treasury finances, January 2009 - Increased reimbursements of value added tax for residential housing - Merchandise trade in February
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Treasury finances January 2009
Figures for Treasury finances in the first month of 2009 are now available. Total Treasury revenue amounted to 55 billion, decreasing by 2 billion or -3.6%
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Weekly Web Release February 19, 2009
Treasury finances, January-December 2008 - A bill proposing the abolition of the so-called Pension Act
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Treasury finances January-December 2008
Figures for Treasury finances in the twelve months of 2008 are now available. Total Treasury revenue amounted to 445 billion, decreasing by 9 billion or -2.1%
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Weekly Web Release February 12, 2009
Treasury expenditure on social security and welfare - The increase in unemployment
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Weekly Web Release February 5, 2009
Individual pension accounts - The supply of labour in 2009 - Merchandise trade in January
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Weekly Web Release January 29, 2009
Treasury assets and debt - Prospects for world economic growth
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The Treasury's asset and liability statement
The Treasury’s debt position has been under intense discussion in recent days as well as the changes that have taken place since the collapse of the banks in October 2008.
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Weekly Web Release January 22, 2009
New economic forecast - Alternative forecasts for 2009 and 2010 - The Treasury borrowing requirement in 2009
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Weekly Web Release January 15, 2009
Retroactive authorisation to draw up accounts in foreign currency - Stricter demands for accounting quality - The labour market in the fourth quarter of 2008
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Weekly Web Release January 8, 2009
Treasury finances, January-November 2008 - A pamphlet on the merger of government agencies - Merchandise trade in December
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Treasury finances January-November 2008
Figures for Treasury finances in the first eleven months of 2008 are now available. Total Treasury revenue amounted to 393 billion, increasing by 3 billion or 0.9%
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Weekly Web Release December 18, 2008
Revised estimates of Treasury revenue - Double taxation agreements - The publication of Ministry forecasts in 2009 - The evening tax
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Weekly Web Release December 11, 2008
Bills presented by the Minister of Finance to the Althingi - Unemployment is rising fast
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Weekly Web Release December 4, 2008
Iceland to become a single customs district - Rules on the payment of child benefits - The November trade balance
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Weekly Web Release November 27, 2008
Treasury finances, January-October 2008 - Price developments
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Treasury finances January-October 2008
Figures for Treasury finances in the first ten months of 2008 are now available. Total Treasury revenue amounted to 369 billion, increasing by 14 billion or 4.1%
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Weekly Web Release November 20, 2008
Government measures in public finance - Changed international economic prospects - Will foreign nationals emigrate?
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Weekly Web Release November 13, 2008
Treasury expenditure January-September 2008 - Amendment to the Stamp Duty Act - The ratification of double taxation agreements
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Weekly Web Release November 6, 2008
Merchandise trade in October - The 2008 corporate tax assessment
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Weekly Web Release October 30, 2008
Treasury finances, January-September 2008 - Economic developments in the Nordic countries - Agreement on the exchange of information with Guernsey and Jersey
Treasury finances January-September 2008
Figures for Treasury finances in the first nine months of 2008 are now available. Total Treasury revenue amounted to 332 billion, increasing by 12 billion or 3.6%
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Weekly Web Release October 23, 2008
Treasury revenue 1998-2007: estimates and actual outturn - Measures taken to stabilise international financial markets
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Weekly Web Release October 16, 2008
The annual meeting of the IMF - Household debt - The advertisement of vacancies following a temporary appointment to a post
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Weekly Web Release October 9, 2008
About the economic forecasts of the Ministry of Finance - Foreign partipation in the labor market
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Operations begin at Nýi Landsbanki Íslands hf.
A new bank owned by the Treasury began operations today, taking over part of the operations of Landsbanki Íslands hf.
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Weekly Web Release October 2, 2008
New economic forecast - Treasury finances, January-August 2008 - External trade in September - The competitiveness and efficiency of the Icelandic tax system
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Treasury finances January-August 2008
Figures for Treasury finances in the first eight months of 2008 are now available. Total Treasury revenue amounted to 294 billion, increasing by 8 billion or 2.9%
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Weekly Web Release September 25, 2008
Mass redundancies - Fifty years since the first version of the model double taxation agreement of the OECD - A new Ministry of Finance national economic forecast will soon be released
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Weekly Web Release September 18, 2008
Rising fuel prices reduce driving - Tax and economic growth
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Weekly Web Release September 11, 2008
The taxation of oil exploration and extraction - A dispute with the EFTA Surveillance Authority (ESA) regarding a state guarantee fee - A new Auditing Act
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Weekly Web Release September 4, 2008
Treasury finances, January-July 2008 - Merchandise trade in August 2008
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Treasury finances January-July 2008
Figures for Treasury finances in the first seven months of 2008 are now available. Total Treasury revenue amounted to 264 billion, increasing by 11 billion or 4.4%
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Weekly Web Release August 28, 2008
Population development dominated by immigration - Job vacancies by the state are closely watched - Treasury finances, January-June 2008 - A bill proposing amendments to the Pension Act
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Weekly Web Release August 21, 2008
Treasury accounts for 2007 - Revenue buoyancy in OECD countries - Double taxation discussion with Qatar and Albania
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Weekly Web Release August 14, 2008
Treasury finances, January-June 2008 - The use of the Treasury borrowing authorisation in 2008 - Personal income in 2007
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Treasury finances January-June 2008
Figures for Treasury finances in the first six months of 2008 are now available. Total Treasury revenue amounted to 226 billion, increasing by 8 billion or 3.5%
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Treasury finances January-May 2008
Figures for Treasury finances in the first five months of 2008 are now available.
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Weekly Web Release June 26, 2008
Foreign merchandise trade in 2008 - The structural budget balance
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Weekly Web Release June 19, 2008
Development of fuel prices - The elasticity of total tax revenue
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Weekly Web Release June 12, 2008
The Nordic economies at a turning point - Fluctuations in private consumption - Bills passed into law in the spring session of the Althingi
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Weekly Web Release June 5, 2008
Treasury finances, January-April 2008 - A proposal to tax fuel and motor vehicles - Merchandise trade in May
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Treasury finances January-April 2008
Figures for Treasury finances in the first four months of 2008 are now available. Total Treasury revenue amounted to 161 billion, increasing by 12 billion or 8%.
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Weekly Web Release May 29, 2008
The development of the tax system 1991-2007 - Value added taxation in cross-border trade - A forecast of demographic trends
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Weekly Web Release May 22, 2008
Heavy immigration in the first quarter of the year - Double taxation agreement with South Korea - Mass distribution of electronic certificates
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Weekly Web Release May 15, 2008
The capital income tax - At-risk-of-poverty level for Iceland amongst the lowest in Europe - An outstanding government agency
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Weekly Web Release May 8, 2008
Treasury finances, January-March 2008 - The impact of further energy-based investments - Merchandise trade in April 2008 - Change in publication schedule of the Economic Outlook 2008
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Treasury finances January-March 2008
Figures for Treasury finances in the first three months of 2008 are now available. Total Treasury revenue amounted to 128 billion, increasing by 9 billion or 7.2%
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Weekly Web Release April 10, 2008
Exemption from stamp duty on the first home purchase - The incomes of the elderly - Double-taxation agreement news
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Weekly Web Release April 3, 2008
Are fuel prices too high? - Treasury finances, January - February 2008 - Merchandise trade in March
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Treasury finances January-February 2008
Figures for Treasury finances in the first two months of 2008 are now available. Total Treasury revenue amounted to 96 billion, increasing by 8 billion or 9.4%
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Weekly Web Release March 27, 2008
Economic growth per capita - Developments in employment and population - Double taxation agreement with Mexico
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Weekly Web Release March 13, 2008
Measurements of fiscal drag by the OECD - Employment in the financial sector - A notable verdict by the EFTA Court
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Weekly Web Release March 6, 2008
Treasury finances January 2008 – Foreign merchandise trade in February 2008 – Development for population of old-age pensioners
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Weekly Web Release February 28, 2008
A new OECD survey on the Icelandic economy - Merchandise trade for 2007 - Taxation of capital gains for businesses
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Weekly Web Release February 21, 2008
Wage agreements do not alter forecasts on wage developments - A new government bond issue - Changes amongst government agency managers
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Weekly Web Release February 14, 2008
January unemployment the lowest in 20 years - Substantial immigration - The policy rate decision of the Central Bank
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Weekly Web Release February 7, 2008
Treasury finances 2007 - Merchandise trade in January - The labour supply 2008
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Treasury finances January-December 2007
Figures for Treasury finances for January-December 2007 are now available. Total Treasury revenue amounted to 453 billion, increasing by 71 billion or 18.7%
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Weekly Web Release January 31, 2008
The taxation of oil exploration and processing in Icelandic territory - Using the Treasury Chest - The exchange rate for purposes of customs calculation - Annual accounts and accounting records
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Weekly Web Release January 24, 2008
Policy responses to the turmoil in international financial markets - Performance-oriented government operations: a programme for reform 2008-2010 - Population developments
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Weekly Web Release January 17, 2008
Revised economic forecast for 2007-2009 - Treasury finances - Selecting the outstanding government agency in 2008
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Weekly Web Release January 10, 2008
Treasury finances, January-November 2007 - Guidelines for accepting gifts and other conflict of interest issues - Merchandise trade in December
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Treasury finances January-November 2007
Figures for Treasury finances in the first eleven months of 2007 are now available. Total Treasury revenue amounted to 388 billion, increasing by 50 billion or 14.8%
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Weekly Web Release December 20, 2007
At least a candle and a deck of cards ... - The tax administration of large companies - Publication dates for 2008 economic forecasts
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Weekly Web Release December 13, 2007
The Icelandic nation is young - Double taxation agreement with India - The emission of greenhouse gases from road transport
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Weekly Web Release December 6, 2007
Frame budgeting and cost assessments - Different emphasis amongst Nordic welfare systems - Merchandise trade in November
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Weekly Web Release November 29, 2007
Treasury finances, January-October 2007 - Increasing retail sales of non-durable goods
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Treasury finances January-October 2007
Figures for Treasury finances in the first ten months of 2007 are now available. Total Treasury revenue amounted to 354 billion, increasing by 46 billion or 14.8%
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Weekly Web Release November 22, 2007
The corporate income tax by sector - Treasury expenditure on social security and welfare - The interaction of monetary and fiscal policy in the Nordic countries
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Weekly Web Release November 15, 2007
Public investment - Household borrowing in foreign currencies - Treasury revenue from excise taxes on motor vehicle imports
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Weekly Web Release November 8, 2007
Strong economic growth in the Nordic countries - Merchandise trade in October - Issues regarding the taxation of motor vehicles and fuel
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Weekly Web Release October 25, 2007
The outlook for the international economy - Buoyant labour market - A new tax treaty with the United States
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Weekly Web Release October 18, 2007
The impact of globalisation on domestic demand - Immigration and emigration are the main determinants of population developments - The development of public consumption
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Weekly Web Release October 11, 2007
New survey of business prospects - Merchandise trade in September - Conditions in the housing market
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Weekly Web Release October 4, 2007
A new economic forecast - Economic growth, Treasury revenue and the reliability of forecasts - Treasury finances, January-August 2007
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Treasury finances January-August 2007
Figures for Treasury finances in the first seven months of 2007 is now available. Total Treasury revenue amounted to 285 billion, increasing by 39 billion or 15.8%
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Weekly Web Release September 27, 2007
The share of taxes in petrol prices - The assets of the pension funds - The implementation of the fiscal budget
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Weekly Web Release September 20, 2007
The age and education of government employees - The Federal Reserve cuts its policy rate - OECD on education
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The Government?s measures to meet the decline in the cod catch
The Government?s measures to offset the impact of the adverse effects of the temporary cut in the cod catch quota can at this stage only be outlined in general terms.
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Weekly Web Release September 13, 2007
Fewer government agencies - State aid in the form of public service compensation
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Weekly Web Release September 6, 2007
The composition of Treasury tax revenue - Changes in the debt management of the Treasury - Merchandise trade in August
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New national debt management arrangements
The Minister of Finance has decided to assign issuance of domestic marketable securities, currently handled by the National Debt Management Agency (NDMA), to the Central Bank of Iceland, which already manages the Treasury?s foreign borrowing.
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Weekly Web Release August 30, 2007
Treasury finances, July 2007 - The IMF report - Sharp increase in expenditure on education
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Treasury finances January-July 2007
Figures for Treasury finances in the first seven months of 2007 is now available. Total Treasury revenue amounted to 252 billion, increasing by 36 billion or 16.9%
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Weekly Web Release August 23, 2007
Wage index July - News from the field of double taxation treaties - High yield currencies
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Weekly Web Release August 16, 2007
Exchange rate forecasts - Changes in the number of state owned companies - Old age pensioners in the OECD member states
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Weekly Web Release August 9, 2007
The local government income tax - Treasury finances, June 2007 - The decline in the alcohol tax in real terms
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Treasury finances January-June 2007
Figures for Treasury finances in the first six months of 2007 is now available. Total Treasury revenue amounted to 218 billion, increasing by 35 billion or 19.2%
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Treasury finances January-May 2007
Figures for Treasury finances in the first five months of 2007 is now available. Total Treasury revenue amounted to 187 billion, increasing by 32 billion or 20.7%
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Weekly Web Release June 28, 2007
Common Consolidated Corporate Tax Base of the European Union - Economic developments in the Nordic countries - A new electronic marketplace for the state
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Weekly Web Release June 21, 2007
Revised economic forecast for 2007-2009 - Increasing number of women in government service - New survey of business prospects
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Weekly Web Release June 14, 2007
New labour market forecast - Immigration of foreign nationals - Polish migration - A sharp increase in health expenditure
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Weekly Web Release June 7, 2007
Treasury revenue April 2007 - Directive on remedies concerning public procurement - Merchandise imports in May
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Treasury finances January-April 2007
Figures for Treasury finances in the first four months of 2007 is now available. Total Treasury revenue amounted to 149 billion, increasing by 24 billion or 19.5%
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Revised macroeconomic forecast for 2007- 2009
The Ministry of Finance has published a revised macroeconomic forecast for 2007-2009.
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Weekly Web Release May 31, 2007
Mobility between wage income groups - Icelanders in Denmark - EU directive on auditing of annual accounts
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Weekly Web Release May 24, 2007
OECD ministerial meeting in Paris - Unemployment at a low in spite of labour inflows - The development of the exchange rate
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Weekly Web Release May 10, 2007
The migration of Icelandic citizens - Corporate income taxation - Merchandise imports in April
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Weekly Web Release May 3, 2007
The properties of the income tax system - The impact of tax changes - Treasury finances, March 2007
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Treasury finances January-March 2007
Figures for Treasury finances in the first three months of 2007 is now available. Total Treasury revenue amounted to 119 billion, increasing by 19 billion or 19.6%
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Weekly Web Release April 26, 2007
New forecast for the Icelandic economy - Real household disposable income - The elasticity of taxes
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Weekly Web Release April 12, 2007
Treasury finances, January - February 2007 - A survey of the work environment of government employees - Imports in March
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Treasury finances January-February 2007
Figures for Treasury finances in the first two months of 2007 is now available. Total Treasury revenue amounted to 88 billion, increasing by 15 billion or 21.3%
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Weekly Web Release March 29, 2007
Handbook on hiring by the government - Bills passed into law in the spring session - Iceland?s policy rate in an international context
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Weekly Web Release March 22, 2007
New opinion survey of business confidence - Icelandic old age pensioners doing well in Nordic comparison according to OECD - Compensation to shareholder-employees of limited liability companies in Iceland in 2003-2005
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Weekly Web Release March 15, 2007
Why issue a regulation? - The impact of the cut in the VAT on restaurant retail prices
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Weekly Web Release March 8, 2007
Trade deficit shrinks in February - Migration in 2006 - Foreign-currency loans to households
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Weekly Web Release March 1, 2007
Measures to reduce food prices in Iceland - Treasury finances, January 2007
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Treasury finances January 2007
Figures for Treasury finances in the first month of 2007 is now available. Total Treasury revenue amounted to 52 billion, increasing by 10 billion or 25.9%
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Weekly Web Release February 22, 2007
Increased turnover in the foreign exchange market - Merchandise trade in 2006 ? the deficit is larger than has been estimated - The purchasing power of disability benefits is increasing
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Weekly Web Release February 15, 2007
Regulation on company accounts in foreign currency - Old-age pensions are highest in Iceland amongst Nordic countries - Housing investment in 2006 greater than previously estimated - Service agreements of the central government
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Weekly Web Release February 8, 2007
The Treasury?s interest balance is positive - Merchandise imports in January - The operation of government agencies and an opinion survey of agency managers - Expenditure by the Ministry of Social Affairs on labour issues in 1998-2007
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Weekly Web Release February 1, 2007
Treasury finances 2006, January ? December 2006 - On fiscal restraint - Senior citizens and income from employment
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Treasury finances January-December 2006
Figures for Treasury finances in the first twelve months of 2006 are now available. Total Treasury revenue amounted to 381 billion, decreasing by -18 billion or - 4.5%
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Weekly Web Release January 25, 2007
The housing boom has subsided ? A policy for efficiency in government operations ? The debt of the Treasury
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Weekly Web Release January 18, 2007
A revised macoreconomic forecast - The number of diesel cars increasing rapidly - Expenditure on universities and research have increased by 176 per cent
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Revised macroeconomic forecast for 2006-2008
The Ministry of Finance has published a revised macroeconomic forecast for 2006-2008.
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Weekly Web Release January 11, 2007
More Icelandic companies present their accounts in dollars than in euros - Legislation from the Minister of Finance in the Althingi autumn session - Expenditure by the Ministry of Social Affairs under the Disabled Persons Act
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Weekly Web Release January 4, 2007
Treasury finances, January-November 2006 - Macroeconomic forecasts in 2007 - Merchandise imports in December - Regulations on tax assessment and imputed income
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Treasury finances January-November 2006
Figures for Treasury finances in the first eleven months of 2006 are now available. Total Treasury revenue amounted to 339 billion, decreasing by 22 billion or 6.2%
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Weekly Web Release December 21, 2006
The finances of the Treasury and local governments, 1998-2005 - Tax concessions for environment-friendly energy sources and motor vehicles - Who gets the biggest present?
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Weekly Web Release December 14, 2006
Appropriations to Local Authorities? Equalisation Fund - On the measurement of inflation - Extension of the temporary reduction in the diesel oil tax
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Weekly Web Release December 7, 2006
Merchandise imports in November - A review of government tasks - Payments to stay-at-home parents - Different rates of increase in income from employment
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Weekly Web Release November 30, 2006
Treasury finances, January-October 2006 - Amendments to the Pensions Act - The cost of operation of the University Hospital
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Treasury finances January-October 2006
Figures for Treasury finances in the first ten months of 2006 are now available. Total Treasury revenue amounted to 308 billion, decreasing by -28,288 billion or -8.4%
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Weekly Web Release November 23, 2006
Public land claims by the state - Indexing of the personal income tax credit - On the distribution of income - Real wages are increasing
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Weekly Web Release November 16, 2006
Further on financial stability in Iceland - Economic prospects in the Nordic countries
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Weekly Web Release November 9, 2006
The restraint in economic policy in 2004 and 2005 - The work environment examined - Merchandise imports in October
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Weekly Web Release November 2, 2006
Net financial position of the Treasury - Revenue from corporate income tax keeps increasing - Treasury finances, January ? September 2006
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Treasury finances January-September 2006
Figures for Treasury finances in the first nine months of 2006 are now available. Total Treasury revenue amounted to 277 billion, decreasing by 28 billion or -9.2%.
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Weekly Web Release October 26, 2006
Government assets at the Central Bank of Iceland ? Expenditure on public pensions ? Medium-term plan for Treasury finances 2007-2010
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Weekly Web Release October 19, 2006
Medical payments through health insurance - Foreign citizens have filled a third of new jobs - Volatility in investment
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Weekly Web Release October 12, 2006
New opinion survey on business confidence - Labour in-flow surpasses all records - Healthcare expenditures
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Weekly Web Release October 5, 2006
Merchandise imports in September - A new forecast by the Ministry - Fiscal stabilisation in an international comparison
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New macroeconomic forecast for 2006?2012
The Ministry of Finance has published a new macroeconomic forecast.
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Weekly Web Release September 28, 2006
The future arrangement of the public registration and valuation of real property - A new double-taxation agreement with the United States - Treasury finances, January-August 2006
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Treasury finances January-August 2006
Figures for Treasury finances in the first eight months of 2006 are now available. Total Treasury revenue amounted to 246 billion, increasing by 27 billion or 12.2%.
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Weekly Web Release September 21, 2006
GDP per capita - The adoption of new EU rules on public procurement- Immigrants are different
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Weekly Web Release September 14, 2006
Sectoral employment by age - Labour supply in the Nordic countries - Double taxation agreements
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Weekly Web Release September 7, 2006
The US dollar is the most common designated currency - The use of emissions trading in the Nordic countries - EU priorities in government aid 2005-2009 - Merchandise imports in August
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Weekly Web Release August 31, 2006
Treasury finances, January-July 2006 - Drug costs of the Social Security Institute - Expenditure on road construction
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Treasury finances January-July 2006
Figures for Treasury finances in the first seven months of 2006 are now available. Total Treasury revenue amounted to 216 billion, increasing by 30 billion or 16.4%.
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Weekly Web Release August 24, 2006
Treasury accounts for 2005 - EU Directive on occupational retirement provision - The impact of wage agreements is beginning to show
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Weekly Web Release August 17, 2006
Policy rates are increasing - Reports of international institutions on the economy - Where do young people work?
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Weekly Web Release August 10, 2006
Treasury finances, January-June 2006 - Imports in July - Child benefits increase
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Treasury finances January-June 2006
Figures for Treasury finances in the first six months of 2006 are now available. Total Treasury revenue amounted to 183 billion, increasing by 17 billion or 10.4%.
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Weekly Web Release August 3, 2006
Do we need CFC-legislation? - Icelandic incomes increased sharply in 2005
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Weekly Web Release June 29, 2006
Treasury finances January-May 2006 ? Private consumption ? Environmental taxes in the Nordic countries
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Treasury finances January-May 2006
Figures for Treasury finances in the first five months of 2006 are now available. Total Treasury revenue amounted to 155 billion, increasing by 18.5 billion or 13.6%.
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Weekly Web Release June 22, 2006
A new forecast for the Icelandic economy - Good economic conditions in the Nordic countries
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Revised macroeconomic forecast for 2006-2008
The Ministry of Finance has published a revised macroeconomic forecast for 2006-2008
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Weekly Web Release June 15, 2006
A new survey of business prospects ? Outsourcing policy for the central government ? Personal tax credits for the payment of the municipal income tax
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The Icelandic economy ? the view from abroad
Speech made by Icelandic Finance Minister, Mr. Árni M. Mathiesen, at the Glitnir Finance Forum.
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Weekly Web Release June 8, 2006
The probability of a hard landing ? Substantial immigration in the first quarter of 2006 ? Imports in May
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Weekly Web Release June 1, 2006
The role of local governments in economic policy ? World economic growth is accelerating ? Treasury finances, January-April 2006
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Treasury finances January-April 2006
Figures for Treasury finances in the first four months of 2006 are now available. Total Treasury revenue amounted to 124.6 billion, increasing by 10.3 billion or 9%.
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Weekly Web Release May 18, 2006
The economic integration of the Nordic and Baltic countries ? Ten years of performance management ? Treasury expenditure by category
MoreWeekly Web Release May 11, 2006
The exchange rate and the macroeconomic forecast ? Labour market growing sharply ? Housing affordability is shrinking
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Weekly Web Release May 4, 2006
A new report on financial stability in Iceland ? Fiscal restraint ? New regulation on service agreements ? Merchandise imports in April
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Weekly Web Release April 27, 2006
The development of private consumption ? Treasury investment ? Treasury finances January-March 2006
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Treasury finances January-March 2006
Figures for Treasury finances in the first three months of 2006 are now available. Total Treasury revenue amounted to 99.7 billion, increasing by 20.3 billion or 25.5%.
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Weekly Web Release April 6, 2006
Imports in March ? Icelanders at the world?s top universities ? Increased payments to pensioners
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Árni M. Mathiesen's remarks at a conference on the Icelandic economy
Remarks at a conference on the Icelandic economy sponsored by the Royal Bank of Scotland and the German-Icelandic Chamber of Commerce in Frankfurt am Main.
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New macroeconomic forecast for 2006-2007
The Ministry of Finance has published a new macroeconomic forecast
Weekly Web Release March 30, 2006
Treasury finances, January-February 2006 ? Public service, competition and separation of accounts ? Are present rules regarding the implementation of the fiscal budget adequate?
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Treasury finances January-February 2006
Figures for Treasury finances in the first two months of 2006 are now available. Total Treasury revenue amounted to 72.2 billion increasing by 11.5 billion or 19%.
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Weekly Web Release March 23, 2006
The report of Danske Bank on the Icelandic economy ? New opinion survey on business confidence
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Weekly Web Release March 16, 2006
Economic growth in 2005 ? The minimum turnover requirement in VAT legislation is increased
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Weekly Web Release March 9, 2006
Imports in February 2006 ? Consultation on financial stability and contingency measures ? Reimbursement of value added tax to public entities
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Weekly Web Release March 2, 2006
Treasury finances, January 2006 ? Pensions in Iceland the highest amongst Nordic countries
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Treasury finances January 2006
Figures for Treasury finances in January 2006 are now available. Total Treasury revenue amounted to 41.1 billion increasing by 11.2 billion or 37.6%.
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Weekly Web Release February 23, 2006
Economic stability in Iceland ? Housing price increases are slowing down ? A quiet revolution?
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Weekly Web Release February 16, 2006
Standards for good work practices of civil servants - Double taxation treaty are steadily increasing in number - Sensitivity of public sector balances to business cycles - Customs regulations.
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Weekly Web Release February 9, 2006
A new operational strategy for the Ministry of Finance takes effect ? Imports in January 2006 ? The abolition of the net wealth tax increases disposable income for senior citizens considerably ? Forecast of labour supply in 2006
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Weekly Web Release February 2, 2006
What is the income threshold for taxation? ? Treasury finances, January-December 2005
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Treasury finances January-December 2005. Report date: February 2, 2006.
Figures for Treasury finances for January-December 2005 are now available. Total Treasury revenue amounted to 399.3 billion increasing by 118.6 billion or 42%.
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Principal tax rates 2006
This paper describes the principal tax rates applicable to individuals and companies in 2006 as well as tax rate changes for subsequent years.
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Weekly Web Release January 26, 2006
Revised forecast for the economy 2005-2007 ? Central government debt ? The forecasts of the Ministry of Finance for 2005
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Revised macroeconomic forecast for 2005-2007
The Ministry has published a revised macroeconomic forecast for the Icelandic Economy 2005 - 2007.
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Weekly Web Release January 12, 2006
Performance indicators as a budget instrument ? The publication of macroeconomic forecasts in 2006 ? Award for an outstanding government agency
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Weekly Web Release January 5, 2006
Treasury finances, January-November 2005 ? Imports in December 2005
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Weekly Web Release December 22, 2005
Prepayment of 2006 taxes ? The PAYE income tax ? Legislation presented by the Minister of Finance that have been passed into law ? The hidden value of Christmas cookies
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Weekly Web Release December 15, 2005
Medium-term fiscal policy targets of Nordic countries ? Registration of real property leases for VAT qualification ? The number of double-taxation agreements
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Weekly Web Release December 8, 2005
Merchandise imports in November ? Disposable income of older persons highest in Iceland amongst Nordic countries ? The 2005 supplementary fiscal budget and the 2006 fiscal budget become law
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Weekly Web Release December 1, 2005
The world economy is improving ? Moderate wage increases despite buoyant activity ? Treasury finances January-October
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Weekly Web Release November 24, 2005
How others see us ? A comparison of national economic forecasts ? The development of average incomes by age group
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Weekly Web Release November 17, 2005
Fast growth of the labour market ? New Gallup survey of business expectations ? The state of discussions on double-taxation agreements
MoreWeekly Web Release November 10, 2005
Demographic developments ? Meeting of EFTA and EU ministers of economy and finance
MoreJobs, growth and globalisation
Introductory speach made by Arni M. Mathiesen at a EFTA-EU ministerial meeting.
MoreWeekly Web Release November 3, 2005
Treasury finances, January-September 2005 ? Corporate tax rises sharply between years ? Merchandise imports in October
MoreWeekly Web Release October 27, 2005
Economic prospects in the Nordic countries - Wage agreements - towards gender equality - Presentation of fiscal finances on a national accounts basis
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Weekly Web Release October 20, 2005
Measuring fiscal restraint and the fiscal accounts - What is the share of foreigners in Iceland? - The impact of ageing on public services
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Weekly Web Release October 13, 2005
The tax burden in Iceland and other OECD countries - Contributions to church congregations - Treasury investment expenditure and economic growth
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Weekly Web Release October 6, 2005
Treasury finances, January-August 2005 - The scope for using fiscal policy in the business cycle - Imports in September.
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New Economic Forecast for 2005-2010
The Ministry of Finance has released a new forecast for the Icelandic economy for the years 2005 to 2007 in addition to a longer-term projection until 2010.
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Economic Forecast for 2005-2010
The Ministry has published a economic forecast for the Icelandic Economy for the years 2005 - 2010.
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Weekly Web Release September 29, 2005
Fifty years of the Economic Outlook - Treasury finances in 2004 - Abolished taxes
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Weekly Web Release September 22, 2005
Government aid case before the EFTA Court - Outsourcing - Iceland dispenses advice
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Weekly Web Release September 15, 2005
Household disposable income increasing sharply - A new pay system for central government agencies - Changes among state agency heads
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Weekly Web Release September 8, 2005
Imports in August - The share of indexed government bonds is declining
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Weekly Web Release September 1, 2005
Treasury finances, January - July 2005 - Review of EU Regional Aid Guidelines - Research award by the Ministry of Finance
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Weekly Web Release August 25, 2005
Treasury expenditure by government function - Double-taxation developments.
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Weekly Web Release August 18, 2005
Real prices of petrol have often been higher than now - Double-taxation developments - Status of negotiations with central government employees.
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Weekly Web Release August 11, 2005
Voluntary pension saving is becoming more widespread - Agreements on an exchange of information on tax matters - The interest cost of the Treasury - Sales profits from Iceland Telecom in Treasury and national accounts
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Weekly Web Release August 4, 2005
Imports in July - Treasury finances, January -June 2005 - Disposable income is still increasing
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Treasury finances January - June 2005. Report date: August 4th, 2005
Figures for Treasury finances for the six months of 2005 are now available. Total Treasury revenue amounted to 165.5 billion increasing by 32 billion or 23.9%.
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Weekly Web Release June 30, 2005
Treasury finances, January - May 2005 - The growth of productivity in the Nordic countries - Double-taxation developments
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Treasury finances January - May 2005. Report date: June 30, 2005
Figures for Treasury finances for the five months of 2005 are now available. Total Treasury revenue amounted to 136.6 billion increasing by 27.4 billion or 25.1%.
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Weekly Web Release June 23, 2005
The international competitiveness of Icelandic firms - Petrol taxes vary
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Weekly Web Release June 16, 2005
Impressive overall economic performance - Should the tax reductions be postponed? - Development of incomes of the elderly
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Weekly Web Release June 9, 2005
Prospects in the international economy - Appropriations for the University of Iceland - Research award by the Ministry of Finance
MoreWeekly Web Release June 2, 2005
Imports in May 2005 - Treasury finances, January-April - Cases of government support before ESA and the EFTA Court
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Treasury finances January - April 2005. Report date: June 2, 2005
Figures for Treasury finances for the four months of 2005 are now available. Total Treasury revenue amounted to 114.3 billion, increasing by 23.2 billion or 25.4%.
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Weekly Web Release May 26, 2005
Is the economy overheating - Nordic economic growth - New international accounting standards introduced.
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Weekly Web Release May 19, 2005
Laws passed in the spring 2005 session of Althingi - Environmentally benign motor vehicles - Lower taxes increase the supply of labour
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Weekly Web Release May 12, 2005
The impact of the diesel tax upon Treasury revenue - Treasury finances, January - March 2005 - Imports in April 2005
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Treasury finances January - March 2005. Report date: May 12, 2005
Figures for Treasury finances for the three months of 2005 are now available. Total Treasury revenue amounted to 79.4 billion, increasing by 14.8 billion or 25.4%.
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Setningarræða fjármálaráðherra, Geirs H. Haarde á ráðstefnu um breytingar í lagaumhverfi opinberra innkaupa. Opening statement by the Minister of Finance at the conference on Public Procurement.
Fjármálaráðuneytið, Háskóli Íslands; Stofnun stjórnsýslufræða og stjórnmála og Ríkiskaup efndu til ráðstefnu um nýjar tilskipanir Evrópusambandsins um opinber innkaup og breytingar í lagaumhverfi opinberra innkaupa að Grand Hótel Reykjavík 28.apríl 2005. Ræðan er á ensku. The Minister of Finance addressed the conference on public procurement - held in collaboration between the Ministry of Finance, the State Trading Centre and the Institute for Public Administration and Politics of the University of Iceland.
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Economic Outlook for Iceland 2005 - 2010 (April 27, 2005)
The Ministry has published a new economic forecast for Iceland 2005 - 2010
MoreWeekly Web Release April 14, 2005
Treasury contributions to the Municipal Equalisation Fund - Co-operation between the central government and financial services on the use of electronic identification - A double-taxation agreement with Mexico
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Weekly Web Release April 7, 2005
Treasury finances, January - February 2005 - Imports in March 2005 - The government as purchaser of public services
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Treasury finances January - February 2005. Report date: April 7, 2005
Total Treasury revenue amounted to 60,7 billion, increasing by 12 billion or 24,6%
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Weekly Web Release March 31, 2005
The involvement of the government in the process of carbon sequestration pursuant to the Kyoto Protocol - New Gallup survey on business expectations
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Weekly Web Release March 17, 2005
Growth in central government consumption in line with medium-term target - Regulation on dyes in fuel and diesel oil - The public tender obligation
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Treasury finances January 2005. Report date: March 10, 2005
Figures for Treasury finances for January 2005 are now available. Total Treasury revenue amounted to 29,9 billion, increasing by 6,4 billion or 27%.
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Weekly Web Release March 3, 2005
Imports in February - Inflation is low in the EEA - Import of private automobiles
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Weekly Web Release February 24, 2005
The changing labour market - Changes in annual accounts legislation - The present situation with regard to double-taxation treaties
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Weekly Web Release February 17, 2005
Treasury finances, January - December 2004 - International assessments of the Icelandic economy
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Treasury finances January - December 2004. Report date: February 17, 2005
Figures for Treasury finances for the year of 2004 are now available. Total Treasury revenue amounted to 280,7 billion, increasing by 21 billion or 8.1%.
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Weekly Web Release January 27, 2005
New economic forecast -- restrictive economic policy - Prospects for the fisheries sector -- managing the challenges - The governments's ownership share in companies.
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Weekly Web Release January 20, 2005
Labour force projection for 2005 - Pension fund liabilities for teachers - Treasury debt.
MoreWeekly Web Release January 13, 2005
Tax returnees' family patterns - Accounting in foreign currency - Treasury foreign debt.
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Treasury finances January - November 2004. Report date: January 6, 2005
Figures for Treasury finances for the eleven month of 2004 are now available. Total Treasury revenue amounted to 247,7 billion, increasing by 18,3 billion or 8.0%.
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Economic Outlook for Iceland 2005 - 2010
The Ministry has published a new economic forecast for Iceland 2005-2010
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Weekly Web Release December 23, 2004
Inflation and interest rate increases - The 2004 Treasury accounts - International accounting standards - Many small trickles make a stream.
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Weekly Web Release December 16, 2004
Government spending on development assistance - Iceland´s oldest tax is abolished - Bills presented by the Minister of Finance that were passed into law during Althingi´s autumn session
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Weekly Web Release December 9, 2004
Treasury finances, January - October 2004 - The 2005 fiscal budget passed by the Althingi - The OECD forecast
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Treasury finances January - October 2004. Report date: December 9, 2004
Figures for Treasury finances for the ten month of 2004 are now available. Total Treasury revenue amounted to 228,7 billion, increasing by 17,2 billion or 8.1%.
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News release no. 25/2004. An English translation of a joint news release from the Prime Minister and the Minister of Finance about Tax Reduction.
Personal income tax will be cut, net wealth tax abolished and child benefit payments substantially increased.
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Weekly Web Release November 18, 2004
Economic prospects in the Nordic countries - A rising dependency ratio in Europe calls for action
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Weekly Web Release November 11, 2004
Company executives optimistic, survey shows - Reimbursement of state aid appealed to EFTA Court - Double-taxation agreements
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News release no. 19/2004. Fiscal budget proposal 2005.
The Ministry of finance has issued the fiscal budget proposal for the year 2005.
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Publications from the Icelandic Ministry of Finance.
The Ministry has published a new report, Economic Outlook for Iceland - autumn 2004.
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Treasury finances January - July 2004. Report date: September 16, 2004
Figures for Treasury finances for the seven month of 2004 are now available. Total Treasury revenue amounted to 150.4 billion, increasing by 2,9 billion or 2.0%.
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Welcome remarks for Dr. Anne Krueger, the First Deputy Managing Director of the International Monetary Fund. Meeting held at the premises of the Central Bank of Iceland.
Welcome remarks for Dr. Anne Krueger, the First Deputy Managing Director of the International Monetary Fund. Meeting held at the premises of the Central Bank of Iceland.
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Speech by Mr. Geir H. Haarde, Minister of Finance at the UNCTAD XI Ministerial meeting in Sao Paulo in Brazil.
Mr. Geir H. Haarde, Minister of Finance is attending the XI UNCTAD Ministerial meeting in Sao Paulo in Brazil, The minister participated in the disquisitions yesterday.
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Keynote Address by his Excellency, Mr. Geir H. Haarde at the Parliamentary Meeting on the Occasion of UNCTAD XI.
The Minister of Finance was a distinct speaker at the Parliamentary Meeting on the Occasion of UNCTAD XI.
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Presentation by Mr. Geir H. Haarde Minister of Finance in Iceland at the OECD Forum 2004, Ministeral Meetings.
Mr. Geir H. Haarde Minister of Finance in Iceland was the keynote speaker in the afternoon session of the Health, Economy and Trade Feature at OECD Forum 2004, Ministerial Meetings. Strengthening growth and public finances in an era of demographic change.
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News release no. 25/2003. October 1, 2003. The 2004 Fiscal Budget.
The Government Budget for 2004 clearly reflects the new period of economic growth which has begun in Iceland.
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Statement on behalf of the Nordic Countries at the Joint Annual Meeting of the World Bank and the IMF in Dubai.
Statement by the Hon. Geir H. Haarde, Alternate Governor of the World Bank for Iceland, on behalf of the Nordic Countries, at the Joint Annual Meeting of the World Bank and the IMF in Dubai 2003.
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Statement on behalf of the Nordic and Baltic countries to the International Monetary and Finance Committee Meeting in Dubai.
Statement by Mr. Geir H. Haarde, Minister of Finance of Iceland, on behalf of the Nordic and Baltic countries, i.e. Denmark, Finland, Estonia, Iceland, Latvia, Lithuania, Norway, and Sweden, to the
International Monetary and Finance Committee Meeting in Dubai, September 21, 2003.
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Ministry of Finance - News Release No. 14/2003.
ECOFIN ministers from the Nordic and Baltic Sea Countries, i.e. Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, Norway, Poland, Russia and Sweden, met for their 8th conference on June 4-5 in Reykjavík, Iceland.
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Economic Outlook for Iceland, spring 2003
The Ministry has published a new report, Economic Outlook for Iceland - spring 2003. The report contains the Ministry´s new national forecast for 2003 and 2004 and the medium-term outlook up to 2010.
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Statement by Mr. Geir H. Haarde Minister of Iceland on behalf of the Nordic and Baltic countries to the IMFC in Washington.
In his statement, the Minister discussed among other things Risks and Challenges in the Global Economy,
Trade and Market Access, and Strengthening the Voice of the Developing Countries at the Fund.
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Treasury finances in 2002. Report date: February 7, 2003.
Figures for Treasury finances in 2002 are now available. Total Treasury revenue amounted to 223.7 billion, increasing by 13.1 billion from the year before or 5.8 per cent.
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The macro-economic impact of the construction of power projects and aluminium smelters
The Minisistry has published a report on the macro-economic impact of the proposed aluminium projects in Eastern Iceland and Hvalfjörður.
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Ministry of Finance - News Release No. 31/2002.
Mr. Geir H. Haarde, Icelandic Minister of Finance, has accepted an invitation to serve on the advisory board of the Rosenberg Institute of Global Finance at Brandeis University.
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Press release No. 02/45 from the International Monetary Fund. September 28, 2002
The International Monetary and Financial Committee held its sixth meeting in Washington, D.C. on September 28, 2002, under the Chairmanship of Mr. Gordon Brown, Chancellor of the Exchequer of the United Kingdom.
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Statement by Mr. Geir H. Haarde the Minister of Finance of Iceland to the IMFC Meeting in Washington.
In his statement, the Minister discussed among other things the global economy, Governance and the World Trading System.
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Statement on behalf of the Nordic and Baltic countries to the IMFC-meeting in Washington.
I have the honor to submit this statement on behalf of the Nordic and Baltic countries.
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Address at the United Nations International Conference on Financing for Development Monterrey.
The Monterrey Consensus is probably one of the most important documents in the history of international development cooperation.
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Treasury finances in January - October 2001. Report date: November 21, 2001
Figures for Treasury finances in the first ten months of the year 2001 are now available. The cash deficit from operations amounted to 1.2 billion kronur in the first ten months of the year, compared to a surplus of 10.4 billion kronur a year ago.
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News release. October 3, 2001. Substantial tax reforms for business and households.
The Government has decided to implement wide-ranging tax reforms, both for business and households.
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News release. October 1, 2001. The 2002 Fiscal Budget
The 2002 budget proposal projects a revenue surplus of 18.6 billion krónur, equivalent to 2½ per cent of GDP. The net financial surplus is still larger, 41 billion krónur.
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Speech at the Icelandic-Italian Chamber of Commerce in Milan - The Icelandic Economy: Current Status and Future Developments.
There are strong and increasing Italian influences in Iceland, clearly visible for example in the number of Italian restaurants that have opened all over the country in the recent years.
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Speech at the Consular Conference - The Icelandic Economy: Current Status and Future Developments.
The first thing to notice with respect to the Icelandic economy is its size. Or rather the lack thereof. It is one of the smallest economies in the world in absolute terms, its GDP this year estimated at 7,1 billion US dollars.
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A statement prepared for the OECD Ministerial Meeting in Paris - Achieving Sustainable Development.
The essence of sustainable development is to improve the current state of our environment, in the broad sense of the word, and deliver to future generations a better world than the one we inherited through both economic and social progress.
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Address at the University of Manitoba - The Challenge of Being Small in a Global Economy: the case of Iceland.
Address at the University of Manitoba, 23. February, 2001
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Address at a meeting of the British-Icelandic Chamber of Commerce in London - Recent developments and future prospects for the Icelandic economy.
Address at a meeting of the British-Icelandic Chamber of Commerce in London
February 16, 2001
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News release January 5, 2001. The 2001 fiscal budget
The 2002 budget proposal projects a revenue surplus of 18.6 billion krónur, equivalent to 2½ per cent of GDP. The net financial surplus is still larger, 41 billion krónur.
MoreTreasury finances in January - October 2000. Report date: November 20, 2000
Figures are now available for Treasury finances for the first ten months of this year. The net revenue surplus of the Treasury amounted to 10.4 billion krónur in the first ten months of this year, compared with 11.3 billion and 1.4 billion in the corresponding period of 1999 and 1998, respectively.
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News release March 15, 2000: Recently concluded wage agreements and their implications for Central Government finances.
On March 10 a number of unions, representing about 30 per cent of all employees in the Federation of Labour, concluded three-year wage agreements with the Employers' Confederation.
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News release October 1, 1999. The 2000 fiscal budget presented to the Althingi.
The fiscal budget for the year 2000, which is being presented to the Althingi today, signals great restraint in economic policy in accordance with the Government's policy to offset the expansion in the economy and ensure continued stability.
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News release, October 1, 1998. The 1999 fiscal budget presented to the Althing.
Iceland's Treasury finances have been substantially strengthened in recent years. The budget was in persistent deficit from the middle of the last decade with concomitant borrowing and accumulation of debt.
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