June 6, 2005 - Iceland Review Skip to content

June 6, 2005

Foreign debt and trade imbalance keep growing

According to interim statements published by the Central Bank of Iceland, Seðlabanki, on Friday, Iceland’s current account deficit in the first quarter of 2005 amounted to ISK 31 billion, up from ISK 13 billion last year.

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Whale collides with boat

A crack opened below the waterline of a Polish sailboat after it collided with a whale when sailing close to the Vestmanneyjar islands south of Iceland late last week.

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