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Economy

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Short stay apartment rental under consideration

Authorities are further looking into solutions for the troubled rental marked in Reykjavik, including reducing the short-term rental apartments to tou...

BusinessMarch 28, 2017
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Cost of living in Iceland fourth highest worldwide

Iceland has the fourth highest cost of living in the world, Norway takes sixth place and “Bermuda takes the number one spot as the world’s most ...

InternationalMarch 20, 2017
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Travel cancelations from Norway to Iceland

A Norwegian travel agency has received around 1500 cancelations of trips between Norway and Iceland scheduled next summer according to a RUV report. T...

BusinessMarch 18, 2017
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The import/export of organic goods between the EU, Norway and Iceland allowed once more

From tomorrow onwards the import of organic products from Iceland and Norway will be allowed again, including organically farmed Norwegian salmon. The...

BusinessMarch 17, 2017
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Currency restrictions on the Icelandic Krona completely lifted today

From today onwards there will be no limits on currency transactions with the Icelandic Krona. The private sector and institutional investors such as t...

BusinessMarch 14, 2017
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The “Northern Lights Problem” in Icelandic traffic

Police in Iceland are warning drivers not to stare up at the night sky while driving despite a possible spectacle of Aurora Borealis, this comes after...

IcelandFebruary 15, 2017
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Thingvellir National park – Silfra claims another life

A man from the US lost his life by Silfra where he was snorkeling with a group of tourists on 12 February. It is yet unclear if his death was caused b...

IcelandFebruary 15, 2017
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An Icelandic leg of lamb cheaper in Spain than in Iceland

  An Icelandic couple recently relocated to Spain and settled in Valencia. They contacted DV and according to DV’s report the couple came across ...

BusinessFebruary 14, 2017
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Finland advances toward licensed gambling market ahead of 2027

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Norwegian footballer Schjelderup given suspended prison sentence over Snapchat video

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Cave in Greenland points to higher ancient air temperatures in High Arctic

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