Icenews News Feed

• A Government of the Progressive Party and the Independence Party has been formed and took office today May 23, 2013
  Press Release - A comprehensive policy statement of the new Government in Iceland has been introduced, where the focus is put on a forward looking policy, aiming at serving the whole of the country and the people. The guiding element will be the improved prospects of the households in Iceland, and promotion of opportunities in trade […]
• Stash of Viking coins discovered May 23, 2013
  A sixteen year old treasure hunter, armed with a metal detector, has unearthed a bounty of ancient coins in a field in Northern Denmark, near Strandby. More than 60 rare coins, from as far away as England and Germany were collected from the dig, after Michael Stockbro Larsen came across the Viking stash. Rare Norse […]
• Iceland mountaineers on top of the world May 23, 2013
  In a season of summit firsts, Ingólfur Geir Gissurarson became the fifth, and so far oldest, Icelander to summit Everest, while the first ascent via the North Face by and Icelander was underway by Leifur Örn Gissurarson. Geir Gissurarson reached the top of the 8,848m high Himalayan peak on May 21st, exactly 16 years after […]
• Where to host Eurovision 2014? May 22, 2013
  With Eurovision 2013 done and dusted, the annual talent fest will now move across the Øresund after Denmark triumphed in Malmo. Speculation is already underway as to which city will be the next host. Emmelie de Forest’s unsurprising win with the folksy “Only Teardrops” gives Denmark the right to host Europe’s biggest TV event for […]
• Overseas creditors might have to accept losses May 22, 2013
  Foreign bondholders hoping to recoup their full investments in Iceland’s three collapsed banks will be eyeing the new government nervously. Anti-austerity election pledges have threatened to force accepted losses on them. Landsbanki Íslands, Glitnir and Kaupþing owe foreign investors billions after their collapse in 2008 with default on their $85 billion deb […]