Speeches and articles

27.01.2010
 Speech by Governor Gudmundsson: The financial crisis in Iceland and the fault lines in cross-border banking
Mr. Mar Gudmundsson, Governor of the Central Bank of Iceland, gave a speech about the financial crisis in Iceland and the fault lines in cross-border banking at the recent FIBE conference in Bergen, Norway. In his speech, Mr. Gudmundsson concentrated primarily on the rise and fall of three cross-border banks that operated on the basis of EU legislation. ... More

17.11.2009
Speech by Governor Mar Gudmundsson at a breakfast meeting of the Iceland Chamber of Commerce, 6 November 2009
Mr. Mar Gudmundsson, Governor of the Central Bank of Iceland, made a speech at a breakfast meeting of the Iceland Chamber of Commerce. The speech is now available here in an English translation. ... More

03.07.2009
Position of Icelandic households after the banking collapse
The Central Bank of Iceland recently held a symposium on the position of Icelandic households in the wake of the banking collapse, with Economics Department experts Karen Á. Vignisdóttir and Thorvardur Tjörvi Ólafsson as lead speakers. This was the third in a series of symposia featuring Central Bank authors presenting the Bank's research and analysis. ... More

17.04.2009
Speech by Svein Harald Øygard, Governor of the Central Bank
Speech by Svein Harald Øygard, Governor of the Central Bank of Iceland at the Annual Meeting 2009 ... More

03.04.2009
The recovery of the Icelandic economy
Svein Harald Öygard, Governor of the Central Bank of Iceland, wrote an article that appeared in the Icelandic newspaper, Morgunbladid, on April 1, 2009. In that article Svein Harald describes his view on the recovery of the Icelandic economy after the difficulties it has dealt with recently. The article has now been published in English translation. ... More

11.03.2009
The effects of the financial crisis on Icelandic households
The Central Bank of Iceland has published the preliminary findings of a work group of Bank staff who compiled and analysed data on the effects of the financial crisis on households' financial position. ... More

06.02.2009
The banking crisis in Iceland in 2008
Ingimundur Fridriksson Governor of the Central Bank of Iceland has prepared a paper about the banking crisis in Iceland in 2008. ... More

24.11.2008
Speech by Davíd Oddsson, Chairman of the Board of Governors
Speech by Davíd Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland at a breakfast meeting of the Icelandic Chamber of Commerce, 18, November 2008 ... More

07.11.2008
Press Conference October 28, 2008: Central Bank of Iceland raises the policy rate
On October 28, 2008, the Governors of the Central Bank of Iceland held a Press Conference where the Board of Governors presented rationale behind the interest rate decision that day. Following is the statement by the Board of Governors and an abbreviated translation of the main questions and answers from the Press Conference. ... More

17.09.2008
Press Conference September 11, 2008: Monetary policy statement by the Board of Governors of the Central Bank of Iceland and translation of the main questions and answers
The statement by the Board of Governors from September 11, 2008 begins as follows: The Board of Governors of the Central Bank of Iceland has decided to leave the Bank's policy interest rate unchanged at 15.5%. Economic indicators are divergent at present. Inflation rose sharply in the wake of the depreciation of the króna during the first months of the year; however, it remains likely that inflation is near its peak and will unwind quickly over the coming year. ... More

07.07.2008
 Press Conference July 3, 2008: Monetary policy statement by the Board of Governors of the Central Bank of Iceland: Policy rate remains unchanged
The Board of Governors of the Central Bank of Iceland has decided to hold the Bank's policy interest rate unchanged at 15.5%. Inflation rose sharply in the wake of the depreciation of the króna during the first months of the year and is now higher than the Bank forecast in April. According to the forecast published in this Monetary Bulletin, inflation will remain high into next year but decline rapidly thereafter. Lowering the policy rate later than was assumed in the last forecast will bring inflation to target at the time specified in April. ... More

23.05.2008
Board of Governors' Press Conference Thursday May 22, 2008 - The Bank's assessment and an abbreviated translation of the main questions and answers
The Board of Governors' held a press conference on the rationale behind its interest rate decision of May 22, 2008. The following is an abbreviated translation of the main questions and answers. ... More

20.05.2008
Conducting monetary policy with the smallest freely floating currency in the world
T. Tjörvi Olafsson, economist, the Central Bank of Iceland Economics Department, gave a presentation at the Federal Reserve Bank of New York about the topic: The Icelandic Saga: Conducting monetary policy. ... More

16.05.2008
A few points on monetary policy presented by Governor Eirikur Gudnason
Eiríkur Guðnason, Governor of the Central Bank of Iceland, presented a few points on monetary policy for visitors in the Central Bank on May 7, 2008. The translation in English is presented here. ... More

12.05.2008
Board of Governors' Press Conference Thursday May 8, 2008 - The Bank's assessment and an abbreviated translation of the main questions and answers
The Board of Governors' gave a Press Conference on Financial Stability Thursday May 8, 2008. Here you will find the Bank's assessment and an abbreviated translation of the main questions and answers. ... More

28.04.2008
The Icelandic Economy and Financial System in April 2008
Ingimundur Fridriksson, Governor of the Central Bank of Iceland, gave a presentation to the Board of Directors and management of the Norwegian Financial Supervisory Authority at its meeting in Reykjavik in April 24, 2008. ... More

14.04.2008
IMFC Spring Meeting 2008
The International Monetary and Financial Committee held its annual spring meeting on Saturday, 12 April 2008 in Washington D.C. ... More

11.04.2008
Board of Governors' Press Conference Thursday April 10, 2008 - an abbreviated translation of the main questions and answers
Board of Governors' Press Conference Thursday April 10, 2008 - an abbreviated translation of the main questions and answers - with the Monetary Policy Statement. ... More

29.03.2008
Speech by Davíð Oddsson, Chairman of the Board of Governors, at the Annual Meeting
Speech by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the Annual Meeting of the Bank - 28 March 2008 ... More

29.03.2008
Speech by the Chairman of the Supervisory Board at the Annual Meeting
Speech by Halldór Blöndal, Chairman of the Supervisory Board of the Central Bank of Iceland, at the Annual Meeting of the Bank, 28 March 2008 ... More

28.02.2008
Interest rates and financial markets in February 2008
On February 28, 2008, Mr. Ingimundur Friðriksson, Governor of the Central Bank of Iceland, gave a speech at a Rotary Club meeting in Reykjavík. ... More

15.02.2008
Board of Governors' press conference, Thursday 14 February 2008
Monetary policy statement of the Board of Governors of the Central Bank of Iceland: Policy interest rate unchanged (statement, questions and answers) ... More

21.12.2007
Board of Governors: Press Conference Thursday December 20, 2007 - an abbreviated translation of the main questions and answers
The following is an English summary of the main questions and answers after the formal introduction by the Chairman of the Board of Governors at the Press Conference on December 20, 2007 ... More

12.11.2007
Speech by Davíd Oddsson, Chairman of the Boards of Governors
Speech by Davíd Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at a breakfast meeting of the Iceland Chamber of Commerce, 6 November 2007 ... More

22.10.2007
Annual meetings of the International Monetary Fund and World Bank in Washington D.C.
The annual meetings of the International Monetary Fund and World Bank were held in Washington, D.C., October 20-22, 2007. The International Monetary and Financial Committee (IMFC) of the IMF met on October 20. ... More

04.10.2007
The impact of monetary policy
On October 3, 2007, Mr. Ingimundur Friðriksson, Governor of the Central Bank of Iceland, gave a speech at the University of Akureyri in Iceland about the impact of monetary policy. In the speech, Mr. Friðriksson discusses monetary policy in Iceland and comments on different views in Iceland about the implementation and impact of monetary policy. ... More

18.09.2007
Interview with Governor Ingimundur Friðriksson
Ingimundur Friðriksson, Governor of the Central Bank of Iceland, addressed issues including the policy interest rate, financial market turmoil and the Icelandic currency in an in-depth interview with Morgunblaðið daily newspaper on September 13. Following is a translation of the interview. ... More

07.09.2007
English summary from the Board of Governors' press conference on September 6.
The following is an English summary of the main questions and answers after the formal introduction by the Chairman of the Board of Governors at the Press Conference on September 6, 2007. ... More

05.06.2007
Turbulence in Iceland's financial markets in 2006
Keynote address by Ingimundur Fridriksson, Governor of the Central Bank of Iceland, at the UBS conference: Annual Reserve Management Seminar for Sovereign Institutions, in Thun, Switzerland June 4, 2007 ... More

01.06.2007
Opening address by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at a conference in Reykjavík on The Challenges of Globalisation for Small Open Economies with Independent Currencies
On behalf of the Board of Governors of the Central Bank of Iceland I welcome the cooperation between the Bank and the International Monetary Fund on organising the conference that is now commencing. In fact I consider the theme of this conference very apt ... More

02.04.2007
Address by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the Bank's annual meeting March 30, 2007
Chairman of the Board of Governors, Prime Minister, Ministers of Government, Ladies and Gentlemen: On behalf of the Board of Governors I welcome you all to this, the 46th annual meeting of the Central Bank of Iceland. At the Bank’s last annual meeting it was announced that the Government of Iceland and the Central Bank had been in consultation on the need ... More

21.02.2007
Speech by Ingimundur Friðriksson, Governor
Speech by Ingimundur Friðriksson, Governor of the Central Bank of Iceland, at a Roundtable meeting in Reykjavík, February 20, 2007 ... More

09.11.2006
Speech by Davíð Oddsson Chairman of the Board of Governors of the Central Bank of Iceland
At a seminar organised by the Iceland Chamber of Commerce November 7, 2006 ... More

24.05.2006
Speech by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the annual meeting of the National Federation of Pension Funds
Speech by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the annual meeting of the National Federation of Pension Funds, May 18, 2006 ... More

11.05.2006
 Address by the Chairman of the Supervisory Board at the Bank´s Annual Meeting
Address by Ólafur G. Einarsson, Chairman of the Supervisory Board, Central Bank of Iceland, at the Bank´s Annual Meeting, March 31, 2006. ... More

03.04.2006
Annual meeting: Address by the Chairman of the Board of Governors
English translation of the address by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the Bank's annual meeting on March 31, 2006. ... More

09.12.2005
Speech by Davíð Oddsson, Chairman of the Board of Governors of the Central Bank of Iceland
On December 2, 2005 the Central Bank of Iceland raised its policy interest rate by 0.25 percentage points before last weekend. I do not expect that decision came as a surprise. ... More

30.03.2005
Address by the Chairman of the Board of Governors
Address by Birgir Ísleifur Gunnarsson, Chairman of the Board of Governors of the Central Bank of Iceland, at the Bank´s annual meeting, March 30, 2005. ... More

03.06.2004
Welcoming address by the Chairman of the Governors at the SUERF Seminar in Reykjavík
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23.03.2004
Address by the Chairman of the Supervisory Board
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23.03.2004
Address by the Chairman of the Board of Governors
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22.10.2003
Governor's address on monetary policy
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24.09.2003
Central Bank Governor's statement at the IMF meeting in Dubai
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22.09.2003
Statement by the Minister of Finance to the IMFC Meeting in Dubai
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06.05.2003
Current trends and prospects of the Icelandic economy in a global setting
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03.04.2003
Address by the Chairman of the Board of Governors
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05.03.2003
The policy and objectives of the Central Bank of Iceland
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05.03.2003
Monetary policy and the current monetary situation
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17.02.2003
The Central Bank of Iceland and monetary policy
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30.09.2002
Statement by Mr. Geir H. Haarde, Minister of Finance
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