Icelanders believe the British to be their greatest foe

A majority of Icelanders consider the U.K. and Denmark are the island’s „primary enemies,“ a poll published by Pressan.is showed.

Iceland´s biggest football star signs up to play for Monaco

The world famous Icelandic striker, Eidur Smari Gudjohnsen, has been transferred from FC Barcelona to FC Monaco. The French team pays Barcelona 2 million Euros for the Icelander.

Legendary video rental store in Iceland subject to arson

The Laugarasvideo Rental in Reykjavik is no regular video rental store. With its large and diverse collection of films from various stages of film history it has equially served as a typical vido rental service and film museum alike.

Iceland is indeed on Facebook

Icelanders hold a world record in Facebook activity according to Buzzpoint marketing research.  

Iceland ends debut finals honorably

Germany beat Iceland, 1-0, in the last round of Group B at Women´s Football Euro Championship in Finland. Inka Grings scored the winning goal early in second half.

Dutch lawmakers dissatisfied with Iceland´s Icesave conditions

According to national TV of Iceland, RÚV, based on an article in the NRC Handelsblad, many Dutch lawmakers do not approve of the disclaimers Iceland has attached to state guaranteee to confirm the Icesave repayment deal. 

Iceland passes Icesave bill with disclaimers

A bill involving state guarantee to honor the repayment agreement Iceland has made with UK and Holland, concerning reimbursement of depositors of the frozen Icesave accounts was passed through parliament of Iceland today.

Icesave bill will be put to vote in parliament of Iceland on Friday morning

Icesave bill* is ready for vote in parliament of Iceland, Alhtingi, after three rounds of discussion. Vote will be taken in parliament on Friday morning.

Inflation on decline in Iceland

Last August saw the lowest inflation rate in Iceland since March 2008 with twelve months inflation at 10.9%.

EU plans to open an embassy in Reykjavik Iceland

The European Union plans to open an embassy in Reykjavik in a few months. Twelve people will be employed there, six Icelanders and six foreign delegates.

A high school in Iceland under bomb threat

A high school in the outskirts of Reykjavik had to be cleared out earlier this week due to a bomb threat phone call. Students and school staff left the premises immediately after being notified about this, without taking any of their belongings with them.

Polland lends Iceland 200 million USD

Polland and Iceland have reached an agreement on Iceland receiving a 200 million dollar loan from Polland, to be repayed in 12 years, payments starting in 5 years.

Two banks in Iceland get capital from state treasury

The Treasury of Iceland will contribute capital to Íslandsbanki and New Kaupthing for total of 137 billion ISK (a little above 1 billion USD).

Properties of tycoons in Iceland red-sprayed by activists

The red Hummer in the picture belongs to Björgólfur Thor Björgólfsson, former major stake holder of the old insolvent Landsbanki. Anonymous activists sprayed it red in the middle of the night. The same kind of paint has been sprayed on Björgólfur Gudmundsson´s house, Björgólfssons´s father.*

Iceland´s first game in UEFA Women´s Championship

Iceland´s women´s national team in football is the first Icelandic football team ever to qualify for a major tournament. Today the team has its first game at Women´s Euro in Finland, against France.

Reykjavik´s Annual Culture Night: One third of Iceland´s population in a gathering

Reykjavik´s  Annual Culture Night, celebrating the city´s anniversary, was held last Saturday. This year Reykjavik celebrates 213 year anniversary.

Iceland freezes assets of Iraqi business tycoon

The resolution committee of the old insolvent Kaupthing has frozen assets of Mr. Robert Tchenguiz in the tax oasis Tortola. The assets seized amount to 50 billion ISK or little below 3 million Euros and 400 million USD.

Landsbanki´s managers and board members may be sued for damage because of Icesave

Iceland´s finance minister, Steingrímur Sigfússon, says the state will possibly sue for damage those who are responsible for the Icesave accounts. This includes the Landsbanki´s managers and board members at the time.

Brasilian fugitive in Iceland to become the unexpected saviour of tragic Icelandic TV-star

These two men have never met. One is Hosmany Ramos, 65 years old, Brasilian, an ex-plastic-surgion,  convicted for smuggling, burglary and murder; one of Brazil´s most notorious criminals; wanted after fleeing his country on a fake passport. 

President of Iceland fell off a horse

The president of Iceland, Mr. Olafur Ragnar Grimsson, fell of his horse last night in a riding tour in north of Iceland. His left shoulder got broken in the accident and the president was taken to a hospital by ambulance.