Iceland is lifting capital controls

The government of Iceland announced Sunday that it is lifting capital controls that have been in place for nearly a decade following the 2008 financial crisis.

S&P raises Iceland's credit rating

The rating agency Standard & Poor's on Friday raised its long-term foreign and local currency sovereign credit ratings on Iceland to A- from BBB+.

Independence party-led government in the pipeline for Iceland

The most recent twist in Iceland's governmental crisis following the elections is that the Independence Party, the Restoration party and Bright Future are officially trying to form a coalition government, reports the Iceland Monitor.

Could Iceland be heading for new elections?

As informal talks between Iceland’s newly elected representatives drag on, with no formal solution in sight, the possibility of sending the people back to the polls is being mooted in some quarters.

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