Iceland’s annual rate hits 7.6%
According to new numbers released by Statistics Iceland, Iceland’s annual inflation rate is now at 7.6%. To fight inflation, the Icelandic government ...
Iceland
Topics and News related to Iceland
Update: Eruption in Iceland Slowing Down, Volcanic Gas Pollution Decreases
The volcanic eruption near Reykjavik is slowing down, and gas pollution has reduced. Officials advise caution due to hazardous gases and grass fires. ...
Marel has successfully obtained additional financing and entered into a new term loan
Icelandic company Marel has secured an extension to its financing by a staggering EUR 700 million. The company has also successfully inked a new EUR 1...
Litli-Hrútur Eruption on Reykjanes Peninsula Transfixes Iceland
Iceland has been captivated by the volcanic activities at Litli-Hrútur (Little Ram) on the Reykjanes Peninsula for the past week. The eruption, which ...
Public Access to Eruption Site Closed Due to Toxic Gases and grass fires
In a precautionary move to protect public health and safety, the Chief of Police of the Suðurnes region has decided to close the public access to the ...
Breaking: Volcanic Eruption Begins Again on Reykjanes Peninsula Iceland
In a development that has caught the attention of scientists and locals alike, a new volcanic eruption has started on the Reykjanes Peninsula. The Ice...
Earthquake Activity in Fagradalsfjall Area Raises Concerns of Possible Volcanic Eruption
Earthquake activity in the Fagradalsfjall area of the Reykjanes Peninsula has caught the attention of scientists and residents alike. Since the initia...
Largest Business Deal in Icelandair’s History: Purchase of Airbus Passenger Aircraft
In a historic move, Icelandair announced its plans to replace its fleet of Boeing aircraft, which have been in service since 1990, with Airbus passeng...