Politics and Society

Kjartan Bjarni Björgvinsson, director of the Special Investigation Commission of the Icelandic Parliament and  Finnur Þór Vilhjálmsson, who also works for the commission.

Serious fraud and deception of Icelandic Government in sale of Agricultural bank

14:58 GMT The Special Investigation Commission of the Icelandic Parliament released a report yesterday stating that they have proved that the Icelandic Government was deceived both before and after the sale of the Agricultural Bank of Iceland (Búnaðarbankinn) to German Bank Hauck & Auf­häuser.

Jóhannesson will have a personal meeting with Putin on Thursday.

Icelandic President on his way to meet with Putin

yesterday Icelandic President Guðni Th. Jóhannesson is now travelling to Arkhangelsk in Russia to participate in a conference called The Arctic: Ter­ritory of Dia­logue along with Sauli Niinisto, President of Finland, and Vladimir Putin, President of Russia.

Guðni Jóhannesson, President of Iceland, on the right, with King Harald of Norway on the left.

Icelandic President and First Lady on official visit to Norway

21 Mar President Guðni Th. Jóhannesson and First Lady Eliza Jean Reid began their official visit to Norway today.

The President of Iceland shows his support for people with Down's syndrome by wearing mismatched socks.

Icelandic President wears mismatched socks in support of Down's awareness

21 Mar President Guðni Th. Jóhannnesson is doing his part in supporting World Down Syndrome Day which is today. People across the globe, President Jóhannesson among them, are wearing mismatched socks to show support for diversity.

More “unconventional” families in Iceland than “conventional”

20 Mar There are fewer “conventional” families of married couples and children in Iceland, than so called “unconventional” families. That is, unmarried couples and single parents. Married couples with children are 27.3% of all nuclear families in Iceland.

Icelanders were particularly happy last summer. the National Men's Football Team was very successful at the EURO 2016

Icelanders third happiest in the world

20 Mar The Icelandic nation is the third happiest in the world for the second year in a row, according to United Nations’ World Happiness Report.

The Arion Bank headquarters in Reykjavik.

Foreign investors buy 30% share in Arion bank

20 Mar Three hedge funds and Goldman Sachs have purchased a 30 % share in the Icelandic Arion bank. "The funds are betting on the bank and on Iceland. That's a powerful bet. Before the financial crash the bet was against Iceland so this is positive," said Financial Minister Benedikt Jóhannesson.

The preparation for the opening are well underway.

The Costco effect in Iceland

14 Mar American warehouse brand Costco will open a store in Iceland in the coming months. Though the store is not yet open, this has already started to rattle the Icelandic market.

A picture of one of the sets of Out of Thin Air

Iceland’s most famous missing person case on Netflix and BBC

13 Mar A documentary that will be aired on Netflix and BBC is in production. It covers the case of Guðmundur and Geirfinnur who went missing in 1974. Six were convicted with little evidence other than confessions after torture and extensive solitude. It was recently declared that the case would be reopened.

The Central Bank of Iceland building in Reykjavik.

Central Bank of Iceland concludes agreement with owners of offshore króna assets

12 Mar The Central Bank of Iceland has concluded an agreement with owners of offshore króna assets subject to special restrictions pursuant to Act no. 37/2016. Under the agreement, the Bank will purchase offshore króna assets from them in the amount of equivalent of close to 90 b.kr. at an exchange rate of 137.5 kr. per euro.

Prime Minister Bjarni Benediktsson, and Minister of Finance Benedikt Jóhannesson making today's announcement.

Iceland government lifts capital controls

12 Mar The Icelandic government called for a press meeting today at noon to announce that capital controls will be lifted as of Tuesday. New Rules on Foreign Exchange were published on the Central Bank of Iceland website today.

Famous musician protests lack of road repairs

10 Mar Roads and road conditions is what Icelanders have been gritting their teeth over during the last week. There have been protests in West Iceland where locals have closed the road. Up-front is prominent musician and local Prins Póló.

Whaling in Iceland to start in a month

10 Mar Two boats will be used for whaling in Iceland this summer. The catch will likely be 50 minke whales, of the 224 quota. The meat is sold in supermarkets and in restaurants.

Men make up for only 2% of preschool teachers in Iceland.

Special grant for men studying to become preschool teachers

8 Mar Men make up for only 2% of preschool teachers in Iceland. A new project gives selected men a special grant to finish a master’s degree in preschool teachings. The grant is one million ISK (8,665 Euros).

81% of Icelanders never smoke

7 Mar Over 81% of people in Iceland never smoke which is the third highest proportion of non-smokers in Europe. The highest percentage of non-smokers is in Sweden, 83 % and in Britain, just under 83%.

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