Central bank starts buying forex
In preparation for the unwinding of capital controls that have been in place since the 2008 banking collapse, Iceland’s central bank has started selli...
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A Government of the Progressive Party and the Independence Party has been formed and took office today
Press Release – A comprehensive policy statement of the new Government in Iceland has been introduced, where the focus is put on a forward looki...
Stash of Viking coins discovered
A sixteen year old treasure hunter, armed with a metal detector, has unearthed a bounty of ancient coins in a field in Northern Denmark, near Strandby...
Iceland mountaineers on top of the world
In a season of summit firsts, Ingólfur Geir Gissurarson became the fifth, and so far oldest, Icelander to summit Everest, while the first ascent via t...
Where to host Eurovision 2014?
With Eurovision 2013 done and dusted, the annual talent fest will now move across the Øresund after Denmark triumphed in Malmo. Speculation is already...
Overseas creditors might have to accept losses
Foreign bondholders hoping to recoup their full investments in Iceland’s three collapsed banks will be eyeing the new government nervously. Anti-auste...
Denmark’s unemployed to get benefits extension
There’s relief for some 30,000 unemployed whose benefits were set to expire later this year. The government has decided to extend the benefits period ...
Icelandic music festival Reykjavik Music Mess to take place this weekend
The annual Icelandic music festival Reykjavik Music Mess is set to take place this weekend (May 24-26) at Volta and Kex Hostel in downtown Reykjavik, ...