FA Cup Winner
Hermann Hreidarsson contributed disciplined left-sided defending to the clean sheet as Portsmouth defeated Cardiff City 1-0 in the 2008 FA Cup final at Wembley.
Permanent historical records · Updated 2026-11-03
2008 in Iceland
Explore 16 historical events and records for Iceland in 2008.
Historical records for Iceland in 2008
Sorted by month and day. Records with no month are shown last. Showing 16 of 16 unique records.
16Unique records
1 of 1Page
5Named events on this page
2Named people on this page
2Places on this page
May
September
Credit Crunch
Haarde's Government announces an agreement to acquire a seventy-five-percent stake in Glitnir after the bank loses access to international funding.
October
Credit Crunch
Iceland announces part of a plan to hammer out a financial package to shore up its troubled banking sector, the countrys largest banks agree to sell off some of their foreign assets and bring them home.
Credit Crunch
Icelands Prime Minister Geir Haarde has admits he is in a race against time to negotiate a rescue deal for the countrys ailing financial system that could include a merger of some of the nations banks.
Credit Crunch
Iceland's parliament passes emergency legislation giving regulators broad powers to intervene in failing financial institutions and protect domestic banking operations.
Economy of Iceland
Iceland announces part of a plan to hammer out a financial package to shore up its troubled banking sector, the countrys largest banks agree to sell off some of their foreign assets and bring them home
Credit Crunch
The Icelandic Government takes control of Landsbanki, the countrys second largest bank, which owns Icesave in the UK
Economy of Iceland
The Icelandic Government takes control of Landsbanki, the countrys second largest bank, which owns Icesave in the UK
Landsbanki
The Icelandic Government takes control of Landsbanki, the countrys second largest bank, which owns Icesave in the UK
Credit Crunch
Icelandic regulators take control of Glitnir under the emergency banking legislation as the country's financial system undergoes rapid restructuring.
Credit Crunch
Icelandic regulators take control of Kaupthing, completing the collapse into state-managed resolution of the country's three largest commercial banks.
Credit Crunch
Iceland reaches a staff-level agreement with the International Monetary Fund on a two-year stabilization program supported by about 2.1 billion dollars.
Credit Crunch
Iceland's central bank raises its policy interest rate to eighteen percent as authorities attempt to stabilize the currency and restore financial confidence.
November
Credit Crunch
The International Monetary Fund approves a 2.1-billion-dollar Stand-By Arrangement for Iceland, supporting bank restructuring, currency stabilization and fiscal adjustment.
Capital Controls Introduced
Authorities introduce capital controls to stabilize the krona and prevent disruptive capital flight following the collapse of Iceland's banking system.
Other events (month unknown)
Economy of Iceland
In less than a week, the countrys three major commercial banks (Glitnir, Landsbanki and Kaupthing) all had to be taken over by the Government as they were unable to roll over their loans
How these records were prepared
Generated from the World History Database historical_events table. Identical display records are collapsed; descriptions otherwise retain the stored text. Coverage and source quality vary. Check primary and specialist sources before citing individual historical claims.