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Watch an audio slideshow of how traditional Icelandic rhubarb stew is made. Rhubarb is one of the few vegetables that grows effortlessly in Iceland and for that reason it used to be a highly-valued addition to the traditional diet of fish and lamb.
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A total of 910 companies were declared bankrupt in the first ten months of this year, compared to 1,317 in the same period in 2011, representing a 31 percent year-over-year decrease.
Photo copyright Icelandic Photo Agency.
The latest data from Statistics Iceland shows that around 118 companies were declared bankrupt in October, the largest number within the construction industry.
At the same time, new registrations of private limited companies in October numbered 155 compared with 143 in October 2011. The largest number was within the real estate industry.
A total of 1,473 new private limited companies were registered during the first ten months of 2012, a five percent increase from the same period last year.
Click here to read about the number of registrations and insolvencies in September.
ZR
Click here to learn about our custom made photo book Iceland 2012 with the best pictures of the year.
On the way back to Reykjavík following this morning's news conference, at which the new government agreement was formally presented, the next Prime Minister of Iceland, Sigmundur Davíð Gunnlaugsson, and his assistant, Jóhannes Þór Skúlason, who was driving, were stopped for speeding.
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Leader of the Progressive Party, Sigmundur Davíð Gunnlaugsson, who held the mandate to lead coalition talks, presented the government agreement between the Progressive Party and Independence Party to the President of Iceland Ólafur Ragnar Grímsson at the presidential residence Bessastaðir this morning.
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The chairmen of the Independence Party and Progressive Party, Bjarni Benediktsson and Sigmundur Davíð Gunnlaugsson, formally presented the government agreement to the public at a press conference shortly after 11 am this morning.
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The party council of the Independence Party and central committee of the Progressive Party unanimously accepted the government agreement negotiated by their respective chairmen, Bjarni Benediktsson and Sigmundur Davíð Gunnlaugsson, yesterday evening.
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The 2013 April-May issue of Iceland Review & Atlantica has been released. Packed with informative and entertaining stories, highlights include an interview with outgoing Prime Minister Jóhanna Sigurðardóttir and the people who know her best, a photo essay of ice caves in Europe’s largest glacier and a colorful feature on life in the West Fjords.
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REVIEWS
The 11th Reykjavík Shorts & Docs. Catch it while it lasts!
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Artist couple Nína Ivanova and Ómar Smári Kristinsson explain why they decided to settle in the West Fjords’ capital.
Reykjavík Queer Choir’s annual spring concert takes place on Friday, May 24.
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