Iceland bank collapse Geir Haarde profile of a prime minister

Oct. 9, 2008
Prime Minister Geir Haarde likes simply to be known as Geir according to the familiar Icelandic custom.
Related Stories from UPI.com

Iceland secures $2.1 billion IMF loan

REYKJAVIK, Iceland, Nov. 20 (UPI) -- The International Monetary Fund has agreed to loan Iceland $2.1 billion, bringing Iceland's borrowing total to more than $5 billion, the government said.

Iceland slams Britain's use of terror law

REYKJAVIK, Iceland, Nov. 2 (UPI) -- Icelandic officials say Britain has made their dire financial situation even worse by using antiterrorism laws to freeze British assets in its banks.

Iceland now looking to Europe

REYKJAVIK, Iceland, Oct. 31 (UPI) -- Iceland, a longtime holdout against the European Union, may consider membership now that it is in financial meltdown.

Faeroe Islands offers Iceland a loan

TORSHAVN, Faeroe Islands, Oct. 30 (UPI) -- The semi-autonomous Faeroe Islands -- affiliated with Denmark -- have offered Iceland a loan of $52.3 million, the Icelandic government said Thursday.

Nordic neighbors vow to help Iceland

HELSINKI, Finland, Oct. 28 (UPI) -- Nordic prime ministers, after meeting in Helsinki, Finland, vowed to assist Iceland recover from its financial crisis.

Iceland turns to IMF for $2 billion loan

REYKJAVIK, Iceland, Oct. 24 (UPI) -- Icelandic Prime Minister Geir Haarde said the government has requested a loan of $2 billion from the International Monetary Fund.

Iceland's neighbors pitch in with loans

REYKJAVIK, Iceland, Oct. 15 (UPI) -- Norway and Denmark stepped up to help neighbor Iceland through its financial crisis, the Icelandic central bank said.

Two Icelandic women picked to head banks

REYKJAVIK, Ireland, Oct. 13 (UPI) -- Two nationalized banks that helped push Iceland's economy to the edge of bankruptcy are to be taken over by two women, sources said.

Iceland's banking crisis threatens Britain

REYKJAVIK, Iceland, Oct. 11 (UPI) -- The Icelandic government agreed Saturday to quicker repayment of British deposits in the online bank Icesave.

Iceland seeks $5.4 billion from Russia

REYKJAVIK, Iceland, Oct. 8 (UPI) -- The government of Iceland is seeking a loan of 4 billion euros -- about $5.4 billion -- from Russia to rescue its beleaguered financial system.

Iceland stays its hand with banks for now

REYKJAVIK, Iceland, Oct. 6 (UPI) -- Bankers and Icelandic officials worked through the weekend to find a solution to the country's ailing financial system, the government said.

Iceland coalition faces tough vote

REYKJAVIK, Iceland, May 12 (UPI) -- Saturday is election day in Iceland where the conservative Independence Party is looking to hold on to its majority in Parliament.

Kazakh prime minister steps down

ASTANA, Kazakhstan, Jan. 8 (UPI) -- The prime minister of the oil-rich central Eurasian nation of Kazakhstan has resigned, a report says.

Hezbollah insists on control of border

BEIRUT, Lebanon, Aug. 5 (UPI) -- Hezbollah Friday rejected calls by U.N. Representative in South Lebanon Geir Pederson to deploy the Lebanese army along the border with Israel.