Mrs. Oddný G. Harðardóttir, is Iceland´s new Minister of Finance. She was appointed on the 31. December 2011 and is the first woman in Iceland to hold this position. She is a member of The Social Democratic Alliance and has been member of the Parliament since 2009. 

The bilateral loan facilities negotiated between the Nordic countries and Poland, on the one hand, and Iceland, on the other, in connection with the authorities' IMF-supported economic programme, amount to a total of €1,930 m.