Central Bank Of Iceland
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Central Bank Of Iceland
The Central Bank of Iceland ( is, Seðlabanki Íslands) is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had the sole right of note issuance since 1927 and had conducted only limited monetary policy. Seðlabanki Íslands is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. It has the sole right to issue notes and coins of Icelandic krónur and to manage the state's foreign currency reserves. The Central Bank Act of 1986 eliminated the ability of the Central Bank to regulate the interest rates of commercial banks and savings banks. Though nominally independent, the Central Bank of Iceland was historically expected to follow the lead of the central government. In 2001, however, a floating exchange rat ...
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Reykjavík
Reykjavík ( ; ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08' N, making it the world's northernmost capital of a sovereign state. With a population of around 131,136 (and 233,034 in the Capital Region), it is the centre of Iceland's cultural, economic, and governmental activity, and is a popular tourist destination. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to Landnámabók, was established by Ingólfr Arnarson in 874 CE. Until the 18th century, there was no urban development in the city location. The city was officially founded in 1786 as a trading town and grew steadily over the following decades, as it transformed into a regional and later national centre of commerce, population, and governmental activities. It is among the cleanest, greenest, and safest cities in the world. History According to ...
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Davíð Ólafsson
Davíð is an Icelandic masculine given name and may refer to: * Sigmundur Davíð Gunnlaugsson (born 1975), Icelandic politician and chairman of the Progressive Party * Davíð Oddsson Davíð Oddsson (pronounced ; born 17 January 1948) is an Icelandic politician, and the longest-serving prime minister of Iceland, in office from 1991 to 2004. From 2004 to 2005 he served as foreign minister. Previously, he was Mayor of Reykjav ... (born 1948), Icelandic politician, Prime Minister of Iceland from 1991 to 2004 * Davíð Kristján Ólafsson (born 1995), Icelandic footballer * Davíð Stefánsson (1895–1964), famous Icelandic poet and novelist, best known as a poet of humanity * Davíð Viðarsson (born 1984), Icelandic football midfielder {{DEFAULTSORT:David Icelandic masculine given names Masculine given names is:Davíð ...
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Svein Harald Øygard
Svein Harald Øygard (born 29 June 1960) is a Norwegian economist and former Interim President of the Central Bank of Iceland (Seðlabanki Íslands). Early life and education Øygard studied economic sciences in Oslo and graduated from the University of Oslo in 1985 with a cand.oecon degree. His focus was on macroeconomics. Career He was head of the Central Bank of Iceland in 2009, succeeded Davíð Oddsson and was in office from February to August 2009. In 2019 he published a book in Norwegian, Icelandic and English on the 2008 financial crisis, illustrated with the dramatic boom, bust and recovery of Iceland. The book, In the Combat Zone of Finance, is due to be published in Chinese (Citic Press). Before becoming Governor he was a director in McKinsey. He started in McKinsey in 1995. During his time at McKinsey and Company, Øygard focused on projects and policy in the energy, industry, finance and public administration sectors. He had clients in Europe, America, Asia, Afri ...
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Davíð Oddsson
Davíð Oddsson (pronounced ; born 17 January 1948) is an Icelandic politician, and the longest-serving prime minister of Iceland, in office from 1991 to 2004. From 2004 to 2005 he served as foreign minister. Previously, he was Mayor of Reykjavík from 1982 to 1991, and he chaired the board of governors of the Central Bank of Iceland from 2005 to 2009. The collapse of Iceland's banking system led to vocal demands for his resignation, both from members of the Icelandic public and from the new Icelandic Prime Minister Jóhanna Sigurðardóttir, which resulted in his being replaced as head of the Central Bank in March 2009. In September 2009 he was hired as the editor of ''Morgunblaðið'', one of Iceland's largest newspapers, a decision that caused nationwide controversy and was followed by resignations and widespread terminated subscriptions. He contested the election for President of Iceland on 25 June 2016 but lost to Guðni Jóhannesson. Biography Early years Davíð Od ...
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Jón Sigurðsson (minister)
Jón Sigurðsson (17 June 1811 – 7 December 1879) was the leader of the 19th century Icelandic independence movement. Biography Born at Hrafnseyri, in Arnarfjörður in the Westfjords area of Iceland, he was the son of Þórdís Jónsdóttir and pastor Sigurður Jónsson. In 1833, he moved to Denmark to study grammar and history at the University of Copenhagen. While in Denmark, Jón developed syphilis and was bedridden for an extended period. According to historian , Jón showed little interest in politics prior to his bout with syphilis. After completing his education, Jón began to work at the Arnamagnæan Institute, which was then the home of the manuscripts of the Icelandic sagas. He became an expert on the sagas and on Icelandic history. He never graduated from university, as Icelandic politics grew to consume all his time. Before Jón moved to Denmark he proposed to his cousin, , and she and her father, Jón's uncle, accepted the proposal. However Jón and Ingibjör ...
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Ingimundur Friðriksson
Ingimundr, Ingimundur, Ingimund, and Ingemund may refer to: * Assassination of Ingimundr, the death of a Norwegian claimant to the Kingdom of the Isles * Ingemund Bengtsson (1919–2000), Swedish politician *Ingemund Fænn (1907–1987), Norwegian newspaper editor *Ingimundr (tenth century), Norse warlord in the Irish Sea region *Ingimundur Ingimundarson Ingimundur Ingimundarson (born 29 January 1980) is an Icelandic handball player who played for Íþróttafélag Reykjavíkur in the N1-deild. In June 2008 he was able to leave the Norwegian side Elverum Håndball Elverum Håndball is a Norwe ...
(born 1980), Icelandic athlete {{Given name ...
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Finnur Ingólfsson
Finnur Ingólfsson (born 8 August 1954) is an Icelandic politician and former government minister. He was the governor of Central Bank of Iceland The Central Bank of Iceland ( is, Seðlabanki Íslands) is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbank ... from 2000 to 2002. References External links Biography of Finnur Ingólfsson on the parliament website 1954 births Governors of the Central Bank of Iceland Finnur Ingolfsson Living people Place of birth missing (living people) {{Iceland-politician-stub ...
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Steingrímur Hermannsson
Steingrímur Hermannsson (pronounced ; 22 June 1928 – 1 February 2010) was an Icelandic politician who served as prime minister of Iceland from 1983 to 1987, and again from 1988 to 1991. Early childhood Steingrímur's father was Hermann Jónasson, another former Prime Minister. Being the son of a prominent official, Steingrímur enjoyed a relatively care-free upbringing in a country stricken by the Great Depression. As a young boy he had an exceptional proximity to Iceland's World War II politics, overhearing state affairs being discussed in his father's living room. Education Not wanting to follow his father's footsteps into politics, Steingrímur went to the U.S. in 1948. He received a bachelor's degree in electrical engineering from Illinois Institute of Technology in 1951 and a master's degree from Caltech in 1952. After returning to his native country and experiencing troubles both in his private life and business career, he eventually entered politics in the 1960s. He ...
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Jón Sigurðsson (bank President)
Jón Sigurðsson (17 June 1811 – 7 December 1879) was the leader of the 19th century Icelandic independence movement. Biography Born at Hrafnseyri, in Arnarfjörður in the Westfjords area of Iceland, he was the son of Þórdís Jónsdóttir and pastor Sigurður Jónsson. In 1833, he moved to Denmark to study grammar and history at the University of Copenhagen. While in Denmark, Jón developed syphilis and was bedridden for an extended period. According to historian , Jón showed little interest in politics prior to his bout with syphilis. After completing his education, Jón began to work at the Arnamagnæan Institute, which was then the home of the manuscripts of the Icelandic sagas. He became an expert on the sagas and on Icelandic history. He never graduated from university, as Icelandic politics grew to consume all his time. Before Jón moved to Denmark he proposed to his cousin, , and she and her father, Jón's uncle, accepted the proposal. However Jón and Ingibjör ...
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Birgir Ísleifur Gunnarsson
Birgir Ísleifur Gunnarsson (19 July 1936 – 28 October 2019) was an Icelandic politician and lawyer. He was the governor of the Central Bank of Iceland from 1991 to 2005. Birgir was the mayor of Reykjavík from 1972 to 1978, member of parliament A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members o ... from 1979 to 1991 for the Independence Party, and served as the minister of education from 1987 to 1988. From 1965 to 1991 he was a board member of the National Power Company of Iceland. References 1936 births 2019 deaths Mayors of Reykjavík Governors of the Central Bank of Iceland Birgir Ísleifur Gunnarsson Birgir Ísleifur Gunnarsson {{Iceland-politician-stub ...
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Geir Hallgrímsson
Geir Hallgrímsson (16 December 1925 – 1 September 1990) was the prime minister of Iceland for the Independence Party from 28 August 1974 to 1 September 1978. Before that he had been mayor of Reykjavík and a member of the Icelandic parliament, the Althing. Early life and education Geir Hallgrímsson was born in Reykjavík and educated at Menntaskólinn í Reykjavík and at the University of Iceland, where he studied law; he spent a year in the US at Harvard University, studying law and economics. Career Geir was mayor of Reykjavík from 1959 to 1972. During his term he greatly expanded the city and improved its infrastructure. Under his guidance the geothermal heating system was expanded to the whole city; it had previously only been available to less than half. He also improved the streets by turning the mostly gravel roads into modern asphalt streets. He was popular as mayor and in an open primary for the municipal elections he won 99% of the votes in 1970. In the fall of ...
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