Inspired by Iceland

Tag Archive | "Iceland"

Iceland central bank holds rates, predicts ongoing economic growth


The Central Bank of Iceland has today decided to keep its benchmark interest unchanged this month and has predicted ongoing economic growth, despite international economic turmoil. Read the full story

Posted in Business, Iceland, International, MBL, SocietyComments (0)

Currency exchange privacy case thrown out of Icelandic court


The case of Jón Magnússon, a Supreme Court of Iceland barrister and former member of parliament, against the Data Protection Authority of Iceland has been thrown out of the Reykjavík District Court. The given reason was that Jón could not prove that he had a legally significant personal interest in the case. Read the full story

Posted in Business, Iceland, International, MBL, PoliticsComments (0)

Iceland historic French village restoration finance secured


Virðing hf. has, in partnership with other investors, completed a contract for the renovation of historic buildings in Fáskrúðsfjörður; the east Iceland village with strong ties to France. Read the full story

Posted in Business, Culture, General, Iceland, International, Leisure, MBL, TravelComments (0)

Murder in Hafnarfjörður


A man in his twenties is in police custody suspected of having killed a woman yesterday in Hafnarfjörður in the Reykjavík region, Icelandic police say. Read the full story

Posted in General, Iceland, MBLComments (0)

Mythical Icelandic monster captured on film?


A video was recorded this weekend of what may or may not be the legendary Lagarfljóts Worm — Iceland’s answer to the Loch Ness Monster. Read the full story

Posted in Culture, General, Iceland, MBLComments (0)

Ocean turbine designer: “Iceland could up its energy production twentyfold”


Valdimar Össurarson runs a company called Valorka, which has designed a marine electric turbine by the same name. The generator won first prize at the International Inventors’ Awards 2011. The company hopes its turbine will create a steady and reliable supply of electricity. Read the full story

Posted in Energy, Environment, Iceland, MBL, TechnologyComments (0)

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 stand up to its responsibilities. Read the full story

Posted in General, Iceland, MBL, Politics, SocietyComments (1)

Iceland Foods bids in, US Republican candidate connected to one


Offers on the British supermarket chain Iceland Foods are close to the value which the resolution committee of failed Icelandic bank Old Landsbanki had hoped for. The likely Republican presidential candidate in the USA is connected to one of the bidding investment funds. Read the full story

Posted in Business, Holland, Iceland, MBL, United Kingdom, United StatesComments (0)

Icelandic phone book company releases front cover covers for offended citizens


The Icelandic phone book company has released stickers people can use to remove Egill Einarsson from the cover of the current book after the celebrity was accused of two rapes. Read the full story

Posted in Business, General, Iceland, MBL, SocietyComments (0)

Iceland’s resources debate: fighting whom for what?


Former Icelandic government minister Jón Baldvin Hannibalsson (1987-95) says that the battle for Iceland’s natural resources is not against the European Union and that is a purely domestic fight, he told a conference. Read the full story

Posted in Business, Energy, European Union, Iceland, MBL, PoliticsComments (0)

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