Kalpana Kalpana (Editor)

2008 in Iceland

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Decades:
  
1980s1990s2000s2010s

See also:
  
Other events of 2008Timeline of Icelandic history

The following lists events that happened in 2008 in Iceland.

Contents

Incumbents

  • President – Ólafur Ragnar Grímsson
  • Prime Minister – Geir Haarde

    • May

  • May 29 - A strong earthquake measuring 6.1 on the Richter scale strikes Iceland near the town of Selfoss.

    • September

  • September 29 - The government of Iceland takes control of the country's number three bank, the struggling Glitnir Bank.

    • October

  • October 7 - Subprime mortgage crisis
  • Russia agrees to provide Iceland with emergency loans of 4 billion euros ($5.4 billion).
  • Iceland's Financial Supervisory Authority takes control of troubled Landsbanki Bank.
  • October 9 - Kaupthing Bank, Iceland's largest bank, is nationalized by the country's Financial Supervisory Authority.
  • October 21 - Iceland's Kaupthing Bank fails to pay interest to its 50-billion-yen (US$493 million) bondholders in Japan.
  • October 29 - Danish-based low-cost carrier Sterling Airlines files for bankruptcy and stops all passenger flights after its cash-strapped Icelandic investors were unable keep the company afloat.

    • November

  • November 19 - The International Monetary Fund approves a US$2.1 billion rescue package for Iceland following its financial crisis.

    • References

    2008 in Iceland Wikipedia
    (Text) CC BY-SA


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