Creditors acquire 95 percent of share capital in Islandsbanki
Announcement from Glitnir’s Resolution Committee, the Ministry of Finance and Íslandsbank:
Norway rated world’s best place to live, again
Once again Norway has taken the honour of being named best country in the world to live in, heading off Australia and Iceland to win for the second co...
Will Russia loan Iceland money?
The Icelandic Foreign Minister Steingrimur J. Sigfusson today had a meeting with Dmitry Pankin, the Russian assistant finance minister. At the meeting...
Best rental car prices in Iceland from Reykjavik Rent a Car
Reykjavik Rent a Car’s reputation as the best value Iceland rental car business has spread rapidly in recent years. And the company’s rates are even l...
Bankruptcy rates slowly decreasing in Iceland
According to information released by Statistics Iceland (Hagstofa Islands), there were 555 Icelandic companies declared bankrupt in the first 8 months...
Historic Reykjavik building Hofdi house burns
Historic Hofdi House, best known as the location for the 1986 summit meeting between presidents Ronald Reagan and Mikhail Gorbachev that effectively m...
Some Icelandic students take too much
Icelandic university students have claimed around 300 million kronur in unemployment benefits.
Icelandic horror film strikes a big deal
The British company E1 Entertainment have bought the distribution rights to the recently released Icelandic film Reykjavik Whale Watching Massacre. Ac...