Viad Corp invests in Flyover Iceland


Viad Corp (NYSE: VVI) has acquired a majority stake in the Icelandic entity Esja Attractions and thus secured an ideal location in Reykjavik to construct FlyOver Iceland, expected to open in 2019. "Reykjavik, Iceland is a perfect location for a FlyOver attraction as the region is enjoying robust tourism growth with visitation expected to reach 2.7 million by 2019,” says Steve Moster, Viad's president and CEO.

National Budget Proposal 2018


The Fiscal Budget Proposal submitted to the Icelandic parliament Althingi today is consistent with the objectives of the five-year Fiscal Plan for 2018-2022, adopted by the Althingi last June.

The next steps in capital account liberalisation


This afternoon the Icelandic Minister of Finance and Economic Affairs, Bjarni Benediktsson, submitted before Parliament a bill of Law that sets forth the next steps towards liberalisation of capital controls in Iceland.

Statement of the Monetary Policy Committee 13 December 2017


The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 4.25%. According to the newly published national accounts, GDP growth in the first nine months of the year measured 4.3%, more than pre...

Interest rate decision and webcast


Wednesday 13 December, the Central Bank of Iceland will air webcast explaining the Monetary Policy Committee‘s interest rate decision. At 08:55, the interest rate decision will be announced on the Bank‘s website and an hour later, at 10:00, a webcast will begin. Már Guðmundsson, Governor of the Central Bank of Iceland and Chairman of the Monetary P...

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