Iceland depends on tourism – Now more than ever
When calculating how countries depend on tourism and the travel industry, Iceland takes the 5th place globally according to Visir’s report quoting How...
WOWAir to Fly to USA’s West Coast
Travellers will be happy to learn that WOW Air is expanding its repertoire of destinations. Iceland’s economy airline plans to add Los Angeles and San...
More even distribution of wealth following Icelandic crash
Icelanders’ earnings were spread more evenly in 2011 than any year since 2004 – when Statistics Iceland began its standard-of-living resea...
A thousand kilometre round trip to visit neighbours in Westfjords winter
The chairman of the Ísafjarðarbær town council has joined calls for the Icelandic government to improve the Westfjords region’s “terrible&...
Iceland property prices increased fastest in Europe last year
Property prices in Iceland increased faster last year than in any other European country surveyed. The increase in par value of houses was higher even...
Thorning-Schmidt and Obama talk debt and daughters
In arguably her biggest moment on the international stage to date, Danish Prime Minister Helle Thorning-Schmidt enjoyed a 40-minute meeting with US Pr...
Long-term unemployment up while overall figure drops
Long-term unemployment grew in Iceland between 2010 and 2011, according to figures from Statistics Iceland.
Fitch raises Iceland credit rating out of junk
The international financial ratings agency, Fitch yesterday increased its long-term foreign currency debt rating for Iceland by one notch from BB+ to ...