Greenland ‘open to China interest’
Greenland’s Premier Kuupik Kleist has said that he sees a future of co-operation with China, including possible membership to the Arctic Council.
Icelandic state buys land and energy rights in municipal tax debt swap deal
The Icelandic Minister of Finance says that it is not wasteful for the state to pay ISK 300 million of taxpayers’ money to buy two plots of land...
Xmas spruce Scrooge saving suggestion scrapped
Not wanting to be seen as Scrooges, the Norwegian capital Oslo has decided against scrapping its annual Christmas tree gifts to Rotterdam, Reykjavik a...
Icelandic emergency man is female and sells well
The Icelandic search & rescue organisation ICE-SAR (known domestically as Landsbjorg) sold over 60,000 plastic figures in its annual Neydarkall ap...
Central Bank of Iceland preparing to remove currency exchange restrictions
The governor of the Central Bank of Iceland says that preparations are now being made to remove the country’s capital controls, which have serve...
Magazine reveals Iceland’s biggest companies
The biggest company in Iceland by turnover at the end of last year was Bakkavor Group, according to a new list of the 300 biggest companies in the cou...
North Iceland shop claims bank is stealing its money
The owner of a north Iceland hardware store is bringing charges against Landsbanki bank for theft.
Pressure causes new Iceland investments boss to back out
The controversial appointment of Pall Magnusson as chairman of the Icelandic State Financial Investments (ISFI) board proved so unpopular that he has ...