There are still plenty of people who think that the adoption of the Euro is something Icelanders have a choice in.  But that would imply that there are still reasonable alternatives out there. Talks of the USD are unfavorable in the context of Icelandic trade vs. the trade it has with the European Union and [...]

Gunnar Tomasson   Published in Frettabladid on April 15 by Gunnar Tomasson, economist Inflation depreaciates the real value of money and that is why many find the price-indexation of monetary debt to be an issue of justice. “If you lend ten horses to someone else then you want ten horses back, not seven”, says economist [...]

Islandsbanki, formerly Glitnir were the first to confuse themselves with a being a public bank when they announced that they were offering those with currency loans solutions the day before the government announced such initiatives. Landsbankinn is now running an ad campaign offering home-loans free of price-indexation, a novelty that Icelandic households have been crying [...]