Iceland interest rates unchanged

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The Central Bank of Iceland’s board of governors met last week to consider the country’s interest rate and announced that the current rate of 15.5 percent will remain.
According to reports by CEP News, the board published a statement regarding their decision in which they said the depreciation of the krona in early 2008 was the […]

Possible widespread strikes in Norway

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Although some state workers have accepted a wage agreement, workers at the township level are still dissatisfied and likely to go on strike. The strike, if it occurs will most likely affect the health and education sectors of several communities across Norway according to Aftenposten, and may start as soon as Monday.
Negotiations in Oslo over […]

Last week, the annual Reykjavik Arts Festival kicked off with the Icelandic President, Olafur Ragnar Grimsson, inviting artists into his home for a warm reception. Events, installations and exhibitions will remain active around the entire country until June 5th.
Exhibitions are not only located in the culture rich capital, but can also be found by venturing […]

The CEO of Actavis generic pharmaceuticals, Robert Wessman, is scheduled to speak at the annual UBS Global Specialty and Generic Pharmaceuticals Conference held in London on Wednesday 28th May.
His presentation is entitled “The strategy and competitiveness of Actavis in a fiercely competitive environment”.
The conference, held in the UK for the first time in its twelve […]

New boss for athletics in Iceland

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This week The Iceland Athletic Federation announced a new President: Ms. Asdis Halla Bragadottir stepped up to the leadership position, according to an announcement by European Athletics.
Bragadottir has both academic and practical qualifications for the position. She obtained a Masters in Business Administration from the John F. Kennedy School of Government at Harvard. In addition, […]

The governments of Iceland and South Korea have agreed to work together in order to foster stronger economic cooperation. According to reports in the China View, representatives from the two governments put their feelings on paper, signing a double taxation convention on Thursday.
Kim Sung-hwan, South Korea’s vice foreign minister and Gunnar Snorri Gunnarsson, Iceland’s ambassador […]

Iceland and Bulgaria compete to pamper

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Although Iceland has the highest number of mineral springs in the world, according to spa experts, Bulgaria may soon emerge as the most popular country for wellness tourism.
Bulgarian spa hotels claim to have accommodated 128,000 guests, according to statistics from National Association of Spa and Wellness Tourism, but experts in the industry think the country […]

DeCODE discovers skin cancer gene

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Several new studies, including one conducted by Iceland’s DeCODE Genetics, have reinforced the connection between a gene for skin tone and the risk of developing skin cancer, according to reports in the New Scientist.
The studies found that genes, rather than specific skin pigmentation, are the strongest indicators of skin cancer risk. The exact gene was […]

Deals for drivers in Scandinavia

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British travellers looking for an inexpensive holiday this summer are being urged to consider driving through Scandinavia as DFDS Seaways is offering discounted rates on crossings to Europe and Scandinavia.
DFDS Seaways operates ferries to Esbjerg in Denmark, Amsterdam and Bergen and Stavanger in Norway, all of which are being discounted for summer travellers. The ports […]

Hotel Skogar opens for the summer

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One of Iceland‘s most popular hotels has re-opened its doors to guests for the busy summer season.
Hotel Skogar is a small luxury hotel located by the 60m Skogarfoss waterfall near Vik in south Iceland.
The hotel is popular with both foreign and Icelandic guests and is a favourite location for writers and travellers escaping to […]

The governments of both Iceland and Bulgaria have voiced their support to the government of China, according to reports in China View. Both governments voiced their disapproval of a planned referendum in Taiwan over the issue of U.N. membership in the name of Taiwan.
In a recent interview, Iceland’s Foreign Minister Ingibjoerg Solrun Gisladottir, said: “We […]

Icelandic penises still popular

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The Icelandic Phallological Museum has recently caught the public’s attention again, as reports in Reuters highlight the museum’s strange displays of male reproductive organs. Run by Sigurdur Hjartarson, the museum does not yet have a human penis on display, but Hjartarson says he has four offers for post-mortem donations.
The museum opened in 1997 and has […]

Finland PM headed to South Korea and Japan

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The Prime Minister of Finland, Matti Vanhanen recently announced plans to visit both Japan and South Korea in the near future. According to reports by the Finnish News Agency (STT), the government of Finland released a statement on Monday indicating that the trip would occur in early June.
A meeting between South Korea’s president, Lee Myung-bak, […]

There are some unwelcome similarities between returning Finnish peacekeepers and veterans of the Second World War, according to reports in the Finnish News Agency (STT). According to a medical corps officer, Colonel Matti Ponteva, both groups of Finns are reluctant to speak about their experiences in conflict zones with care staff.
The comments come after a […]

Lithuanians unite in Iceland

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Last Saturday, immigrants from Lithuania met in Reykjavik as part of an establishing congress. According to reports in the Baltic Course, Lithuanians have decided to establish a more formal community in Iceland.
The establishing congress was held in order to elect a board of directors as well as to discuss and plan future activities of the […]

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