Iceland bank collapse The hunt for Geir Haarde the most wanted man in Reykjavik

Oct. 10, 2008
The hunt for the most wanted man in Reykjavik began at dawn.
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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 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.

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.