Bankers reject claims that Iceland is in financial crisis
“Fears of a meltdown are vastly overblown“, wrote Hannes Gissurarson, professor of political theory at the University Iceland in the Wall Street Journ...
Taking the leap from oil to geothermal energy
Geothermal energy, found in abundance in Iceland’s volcanic landscape, could provide a significant contribution to world energy needs if the investmen...
Top civil servants enjoy larger salary increases
A disparity in the rise in pay of Icelandic civil servants has been revealed, showing high-ranking officials with an average salary increase of 18 per...
Icelandic president Olafur Ragnar Grimsson goes for fourth term
Olafur Ragnar Grimsson, the President of Iceland, is going for his fourth term this year. Mr. Grimsson announced his intention to stand in his New Yea...
New Year’s eve weather in Iceland
The weather has picked up and it looks like the annual shooting fest of the Icelanders may be severely dampened this year. But it might still calm dow...
Iceland prepares for the new year
As with the rest of Iceland the capital Reykjavik is renowned for its fantastic new year’s eve (Icelanders call it Gamlarskvold) celebrations, a...
Law tightened on employing sex offenders
A new bill passed in the final parliamentary session in Iceland last week expands upon existing legislation by prohibiting sex offenders from being em...
Iceland to begin Atlantic oil exploration
The Icelandic government intends to open the Dreki region in the Atlantic Ocean for oil and gas exploration in January 2009. New gas or oil sites woul...