Day: October 20, 2005

The Icelandic delegation walked out of a meeting in Washington yesterday on the future of the US-led Iceland Defense Force reports television station Stöd 2.

Ragnhildur Geirsdóttir, CEO of FL Group since June 2005, stepped down yesterday. She is replaced by Hannes Smárason former chairman of the group. Baugur’s managing director of Nordic investments, Skarphédinn Berg Steinarsson, is FL Group’s new chairman.

Between 3,000 – 3,500 Icelandic families have net assets over ISK 100 million reports Morgunbladid on its front page today.