FAQ

I often receive questions from here and there. Since most of the questions are about the same matters is in my opinion the best solution to post them here. Is this website run by a company? No, this website is run by only one unemployed Icelandic female just shy of 30 years old. What do you (p...

Articles

 Date  Article Media  Intro May 10, 2009  Iceland warms to the EU  Guardian Iceland is doing what would have been unthinkable only a year ago: applying to join the European Union. The prime minister, Johanna Sigurdardottir, announced this week she would present a bill to parliament authori...

Website Development

Website Development

. Short bulletins of what is going on with the website and its development.

Unemployment numbers

Unemployment numbers

. Current numbers of wage workers in Iceland: 159.399  Updates of the published unemployment numbers and monthly unemployment percentage.

ISK exchange rate

ISK exchange rate

.Exchange rates of the ISK - Icelandic krona. I decided to update the exchange rates of the Icelandic krona against 35 curriencies. I will update this every weekday, as long as the banks are open.  

Survey

Will the Icesave contract strand Iceland completely?
 

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General

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The Icesave deal protested against tomorrow

A demonstration has been called to because of the Icesave deal tomorrow 2nd of July...

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Companies & Institutions

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Fewer companies have filed for bankruptcy

The reason why fewer companies have filed for bankruptcy in May of this year than...

Loftorka files for bankrupcy

Loftorka in Borgarnes has filed a petition for bankrupcy. The company currently employes...

Ögmundur backed up to a wall?

Ögmundur Jónasson minister of health refuses to let the mayor of Reykjanesbær...

Novator still has it's shares in Actavis in a sales process

Novator still has it's share in Actavis in a sales process, Novator is by far the...

A new advance in employment

'This agreement is about a new advance in employment. With the stability agreement...

Congratulations on the agreement

Civil servants in a meeting

32 pilots to be laid off from Icelandair

School fees raise 8-12%

Office 1 in a moratorium

A company mostly owned by Straumur now owns West Ham

Increase in share capitali of Exista probably illegal

Want to get rid of the directors of Exista

Pension lowered in the end of this month

Islandsbanki owns 47% of Icelandair

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Economy & Finance

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Great disappointment that the policy rates are not lowered faster

Great disappointment that the policy rates are not lowered faster

Johanna Sigurdardottir PM said at the Parliament today that it is a great disappointment...

The payment from IMF will arrive in August

Franek Rozwadowski, representitive of the IMF iceland, says that the tranche number...

25% difference on the rate of the króna

Once again people are able to buy and sell Icelandic króna in British airports....

A defeated nation

Sigurður Líndal law professor says he is afraid that Icelanders have no other alternative...

Further actions for debtridden homes

Ideas are on the table regarding further actions for debtridden homes. To many homes...

The Finnish approve a loan to Iceland

A plan to remove the currency restrictions

Cancelled opening for bids on all road construction jobs

The Icesave contract published

Wrecked the house after the bank auctioned it off

Commentary: Were unable to stop Icesave

The ship has to be navigated carefully

Real estate prices continue to lower

Tax raises from the government

Information about the down cuts set forward this week

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Community in Crisis

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Red paint splashed onto the houses of the wealthy

Red paint splashed onto the houses of the wealthy

The police of the capital area received a report about the house of Bjorgulf Gudmundsson...

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Politics

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Just as we had lost the case

Just as we had lost the case

Bjarni Benediktsson chairman of the independence party said the negotiation result...

"October would come back"

"October would come back"

"October would come back," said Steingrimur J. Sigfusson when he described what would...

The most expensive billions in the history

Steingrimur J. Sigfusson minister of finance claimed in the first discussions about...

The terms are comparable with what is customary in the internationally

It says in a legal report which was prepared by the international law firm of Ashurt...

It would be a blunder to reject the Icesave deal

Gylfi Magnússon, minister of commerce, says in a article in the Morgunblaðið today...

The Brits showed hardness until the negotiations ended

Arni was on the defence

There is no plan B

Say that 16 issues of the 48 are unfinished

200 billion due in 2011

Emphasis on social rights

Is more worried by the ongoing wrestle

The Icesave commitments are not the biggest threat

We are able to stand by Icesave

The Icesave bill to be handled

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Industry

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Ship repairs coming back

Unemployment does not plague those working in ship repairs. Projects that went out of the contry during the boom are now being worked here at home.

We will never agree to economic sanctions

Iceland will not agree to economic sanctions for whale produce. The matter has not been presented formally in the meeting of the International Whaling Commission.

Four fin whales landed

Four fin whales have been landed in Hvalfjordur but there are 70 persons working on cutting the whales and processing the meat. Fog has now set on the whaling grounds. Gunnlaugur Fjolar GUnnlaugsson says...

Whale 9 on its way to shore with two fin whales

"They got two large animals and are bringing them back to shore around 4-5 am," said Kristjan Loftsson owner of Hvalur hf who runs the whaling ship Whale 9 (Hvalur 9). "Who do you think wants to do this...

Whale 9 left for whaling tonight

Whale 9 (Hvalur 9) left for its first whaling trip for this season just around 1am tonight. The intention is to shoot one fin whale. A large group of people had gathered around Aegisgardur and watched...

No energy available for Helguvik aluminum factory

Deloitte: The depreciation method makes no sense

ION GX looks for oil in the Dragon

Authorized cod quota to be 150 thousand tons next fishing year

Think the cod stocks are in danger

First minke whale caught

The doors are opening for oil industry

Reduction in fish catch 28%

Icelandic pigs have never been diagnosed with the swine flu

Want to finance the aluminum factory with Glacier bonds

Here you will find Icelandic news translated to English. I lost my job at the end of October as a result of the depression so, for now, I consider my job to be translating Icelandic news for those of you who are interested in this crisis that is shaking the very foundations of the Icelandic society.
 

ISK exchange rate

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