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Iceland economic forecast 2010-2015 |
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Statistics Iceland releases now a new issue of Statistical Series. This issue presents the Economic forecast 2010-2015. The forecast assumes that the contraction will come to a close during 2010 and a gradual recovery will start. However, 2010 is still going to show a contraction of 2.9% in GDP. Positive growth is expected from 2011 and througout the rest of the forecast period, given that private consumption has stabilized and large scale industrial investments start in earnest in 2011.
View publication on-line
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House prices fall further in hard-hit Iceland |
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The house prices index in Iceland dropped 7.56% (-13. 98% in real terms) over the year to end-Q1 2010, according to Statistics Iceland. However Iceland’s house price falls are moderating (-8.44% fall during the year to Q4 2009, and -12.54% fall y-o-y to Q3 2009). Iceland’s GDP contracted by 6.9% over the year to Q1 2010. |
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Nánar...
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Rental housing still in demand |
According to the Icelandic Property Registry, which published its newest figures this morning, a total of 898 of rental agreements were registered last month, which similar to the number in January 2009. Demand for rental housing has been brisk in recent months, with some 44% more rental agreements registered in 2009 than in 2008. The number of registered rental agreements doubled between 2007 and 2009.
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Nánar...
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A hot deal to Iceland, from $699 |
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ShermansTravel Nov. 21, 2008
The deal
While Icelanders have seen their currency, the kronur, drop by an alarming 51 percent against the dollar since just last year, the current economic slump has been an unexpected windfall for the country’s tourism industry. We’ve even just featured Iceland on our Top 29 Places to Go in 2009 list.
Read more... |
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Iceland's own economic woes make it affordable for Americans |
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BY JAYNE CLARK • USA TODAY • December 14, 2008
REYKJAVIK, Iceland -- The morning after they enjoyed a seven-course meal with wine pairings in a top restaurant, Chicagoans Howard and Jackie Brennan are mentally savoring the repast. There were scallops and roast lamb, ocean perch and Icelandic cheeses.
Read more...
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Profiting From Iceland's Woes |
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Article in Seeking Alpha.
December 03, 2008
So Iceland is just one giant financial crater. To add insult to injury, someone even put the whole country on eBay. The listing was withdrawn because even eBay has standards.
Click here to read whole article.
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Cross-border payments in foreign currency |
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In order to facilitate cross-border payment transactions, the Central Bank of Iceland has adopted a temporary alternative routing procedure. |
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Nánar...
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Find it on Iceland For Sale |
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In light of recent turmoil in the Icelandic economy, with the Icelandic krona dropping by as much as 70 percent in one year, it is now possible to buy cars and properties in Iceland at prices lower than in other countries.
Icelanders are selling their cars, houses, equipment and other properties at low prices overseas through Iceland For Sale, an English language website for foreign clients.
Click one of the categories on the right to search for and browse for cars, real estate, boats, heavy equipment and more in our database. |
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