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Iceland holds national meeting

(UPDATED 16 November) A group of 1,200 Icelanders considered statistically representative of the population was brought together Saturday for the first time in an attempt to “harvest the wisdom of the...

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Select SPRON assets sold off to Icelandic public

The Icelandic savings bank SPRON, which closed its doors last year, held an assets sale yesterday where the bank’s administrators sold off some of the firm’s physical assets to the public. According to...

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Restricted areas opened up again near Iceland volcano

Iceland’s Route 1 highway is open all around Iceland, even near the Eyjafjallajokull volcano; but motorists are advised to drive with care due to ongoing repair work to the road. The area around the...

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IMF: Iceland is already doing enough to help endebted householders

The chief representative of the IMF in Iceland yesterday said that current protection measures for indebted householders are sufficient and that people now need to concentrate on using them to their...

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New Reykjavik sculpture revealed today

Reykjavik Art Museum officials will today present a brand new open-air sculpture to the public. The ceremony happens on the occasion of Johann Eyfells’s newly placed sculpture Towering Earth (Receptual...

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Facebook fundraising for fjordside factory

In just two-and-a-half days, the small Icelandic town of Seydisfjordur has managed to raise ISK 45 million (EUR 270,205) on Facebook to help the townspeople buy the local aluminium cable factory. The...

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Nomadic artists in Iceland call for help with their container

Last summer, a group called artsave installed a shipping container at the Reykjavik harbour. The container was called the artsave lab; the goal of which was to research and investigate through art....

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Icelandic public must bail out indebted public sector pension fund

Icelandic tax payers are set to bear the heavy burden of recapitalising the government employees’ pension fund (LSR). Billions of extra krónur are needed by the fund over the coming decades so it can...

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