The Managing Directors of Hagar – the Baugur Subsidiary in Iceland – and Árvakur, the publisher of Morgunblaðið, met last week to discuss whether Baugur will continue advertising in Morgunblaðið.
The 2006 budget is expected to leave an ISK 14 billion surplus. Finance Minister Árni M. Mathiesen said that the budget displays the “incredibly strong position of the Icelandic treasury”.
Even though the golfing season is coming to an end in Iceland, golfers are not putting their clubs away; fall golfing packages to destinations outside of Iceland are almost sold out according to an interview with travel agents in Morgunblaðið.
