Bjorgulfur Gudmundsson, the latest victim of the fallen banks in Iceland
The former majority owner of Landsbanki (parent to Icesave), West Ham and Samson holding has filed for bankruptcy. This is by far the biggest of its k...
Westman Islands population triples this weekend
Possibly one of the largest festivals in Iceland, at least the most exciting one, takes place this weekend. The festival is called in Icelandic, Versl...
Postponement of review of Economic programme in cooperation with IMF
Press release from the office of the Prime Minister of Iceland: In recent months, the Icelandic government has devoted concerted efforts to the first ...
Geothermal energy companies in Iceland and in Canada become partners
Magma Energy Corporation from Canada has announced that they will invest in the companies of Geysir Green Energy and HS Orka in Iceland, which are par...
More Members of Parliament against the Icesave deal
There is an increasing number of parliament members in Iceland deciding against the Icesave-agreement, according to the news source Bloomberg. 34 memb...
Brussels debates Iceland EU Application Today
The Icelandic application to join the European Union is expected to be discussed at a meeting of EU foreign ministers today in Brussels, Belgium. Peop...
Iceland’s Police enforcing traffic violations via helicopter
Police in Iceland have a new and effective way to enforce traffic laws in the countryside. They will now be monitoring and following traffic violators...
The Lithuanian Parliament supports Iceland’s EU Membership
The Lithuanian Parliament unanimously approved and gave full support for Iceland’s membership application to join the European Union today as well as ...