The Icelandic Cabinet is seriously considering now extending a program for all citizens of Iceland that provides guarantees to all local banks by the "Icelandic Development Bank"; All loans are interest free for one year instead of six months.

In a related context, according to what Icelandic news agencies revealed, "The move in that thinking by the Icelandic government comes in implementation of all directives of Goody Johansson, in order to support the private sector that was recently affected by the repercussions of the emerging Corona virus in all countries of the world, and in Iceland, Ali Particular point.

In this regard, the official statement came as follows: - In implementation of all directives of His Highness the Amir to support the private sector affected by the repercussions of the Corona Virus (Covid 19), His Excellency the Prime Minister and the Minister of Interior extended the period of the National Security Program, which provides guarantees to all local Icelandic banks By the Development Bank, in order to be interest free for a full year instead of six months.

On the other hand, the Icelandic Development Bank had called, before that, to provide guarantees to all local banks, for interest-free loans for all companies affected by the consequences of the spread of the Coruna virus.

For its part, the Icelandic government issued a new decision to close shops and stop all commercial activities except pharmacies and food supply and delivery stores, starting from the nineteenth of this month to the thirty of this month of May 2020.

The chief epidemiologist at the Icelandic Ministry of Health, Thorlvor Godenson, announced today, Wednesday, the eradication of the new Corona virus (Covid-19) after 97% of people recovered, and only two new cases were reported during the past week.

"We were pleasantly surprised when we saw a rapid slowdown of the pandemic in Iceland, but it is very important that we remain cautious to reduce the risk of a renewed outbreak of the virus," Goodinson said in a statement - reported by the Guardian newspaper.

Iceland recorded 1799 cases of coronavirus, 1750 of them recovered and 10 deaths.