Icelanders snap up cheap US homes
This year has seen a large number of Icelanders buying holiday homes abroad. Icelandic investors are buying up property in international locations, wi...
Glitnir wins Bank of the Year 2007
The Banker magazine named Glitnir as Icelandic ‘Bank of the Year’ at its annual awards ceremony last week in London. Nordic bank Glitnir w...
India and Iceland conclude tax agreement
Representatives of the governments of India and Iceland signed a Double Taxation Avoidance Agreement last week, in a move designed to strengthen the t...
Wind power network proposed for Europe
An energy network stretching across 5,000 miles could cut carbon emissions in Europe by as much as 25% according to scientists. The proposed scheme wo...
Iceland encouraged to invest in India
A delegation of Icelandic business people on an official visit to India met last week with the Indian Finance Minister, Mr. P Chidambaram. The ministe...
Youth drain from rural Iceland
Rural areas in Iceland are seeing a large decrease in population, particularly among younger people, according to Gunnlaugur A. Juliusson, Director fo...
A €665 million year for fishing in Iceland
During the course of the last financial year, the five largest fishing and seafood processing companies in Iceland recorded a combined turnover of aro...