Day: June 23, 2005

According to Iceland State Radio, RÚV, real estate prices in Reykjavík have continued to rise, by 4 per cent from April to May and by 40 per cent over the past 12 months.

Icelandic institutions spent ISK 12.7 billion more than they were authorized in 2004 according to a new report by the National Audit Office.

Icelandic painter Eggert Pétursson received 2nd prize at the annual Carnegi Art Awards. Of 115 artists nominated, 21 finalists competed for three prizes and one scholarship award this year.