Prime Minister Geir Haarde

REYKJAVIK, ICELAND — White Christmases are expected in this small capital in the frigid North Atlantic, but the streets are bare this year, with no snowflakes in the immediate forecast. For Icelanders coping with 16 months of dizzying economic and ...  

Iceland’s parliament approved next year’s budget including a fiscal shortfall of 99 billion kronur ($771 million), according to the parliament’s Web site today. Thirty-three of the chamber’s 63 lawmakers approved the budget, the parliament ...  

(RTTNews) - Tuesday, the Statistics Iceland announced that the consumer price index or CPI rose 7.5% year-on-year in December, slower than the 8.6% growth in the previous month. Economists expected an increase of 7.6%. On a monthly basis, the CPI ...  

Festivals and their hometowns don't always mesh but when they do, like at the latest Iceland Airwaves recently, it's a sight to behold. Now a five-day festival, it sets up shop in Reykjavik and imposes a friendly takeover of the capital annually in mid-October. The events and locations seamlessly intertwine, with every venue in town holding performances and support coming from Iceland's national airline...  

The British Treasury said the move was necessary to ensure the money that British savers had placed in the bank would not be whisked back to Iceland. But Iceland's prime minister at the time, Geir Haarde, blasted the move as an "unfriendly act" and ...  

Iraqi refugee Nour Al-din Al-Azzawi returned to Iceland on Friday evening after a two-month stay in Greece. His friends in Iceland paid the travel cost. Al-Azzawi can stay in Iceland while his application for residence and work permit is being reviewed.  

STOCKHOLM, Dec 21 (Reuters) - Iceland's central bank said on Monday that it had received a loan tranche worth 300 million euros from Nordic countries, part of the country's loan programme with the International Monetary Fund (IMF). The bank said in ...  

The weather forecast in Iceland over the coming days calls for recent weather patterns to continue, meaning that snow for Christmas in the south look unlikely. However, those in northern and eastern Iceland are still keeping their fingers crossed for a White Christmas. Many people are currently travelling around Iceland returning home for Christmas or simply [...]  

Win a trip to Iceland to celebrate DiS curating Ja Ja Ja the monthly London clubnight that brings together the brightest new emerging talents from the Nordic countries - Denmark, Finland, Iceland, Norway and Sweden. In order to win this special trip ...  

When I went to Iceland for Christmas in 2006 the frosty air in Reykjavik was literally vibrating with febrile excitement. At my favourite cafe, where the style is playful minimalism, complete with a full-sized plastic horse, I overheard some young ...  

British council leaders are attending a creditors' meeting in Iceland to fight for more of their money back from one of the country's ruined banks, Glitnir. The local authorities had almost £900m ($1.5bn) of deposits in the country when a trio of ...  

Meteorologists find it likely that the ground will be white in most parts of the country mid-next week, although it is difficult to forecast the weather so far ahead in time and if a front comes in from the south, the forecast for Christmas Eve can change quickly.  

Magma CEO: Iceland Needs Change in AttitudeIcelandReviewJosefsson, who is a Swedish expert, was originally hired to assist the Icelandic government in restoring the economy by former Prime Minister Geir H. Haarde ...  

Background Note: Iceland November 2009Bureau of European and Eurasian Affairs A boardwalk leads to the warm-water Blue Lagoon in Svartsengi, Iceland, May 11, 2002. [© AP Images]PROFILEOFFICIAL NAME:Republic of IcelandGeographyArea: 103,000 sq. km. (39,600 sq. mi.); about the size of Virginia or slightly larger than Ireland.Cities: Capital--Reykjavík (pop. 119,120). Other towns--Kópavogur (30,401), Hafnarfjörður (26,031...  

Councils will demand "every penny" back from failed Icelandic banks on Thursday. Representatives of the Local Government Association (LGA) are attending a creditors' meeting in the country's capital Reykjavik in an attempt to ensure that councils are ...