March 2, 2006 - Iceland Review Skip to content

March 2, 2006

Alcoa announcement greeted with revelery and protests

According to Fréttabladid, Alcoa’s announcement yesterday of a feasibility study for a 250,000 ton aluminum smelter to be built near Húsavík starting as early as 2010 was greeted with “massive jubilation” by the residents of Húsavík. Apart from the revelry at Húsavík, public reaction has been mixed.

Read More »

Banks ignore financial watchdog

An ongoing investigation by the Icelandic Financial Supervisory Authority and the Economic Crime division of the National Police of transactions at the Hafnarfjördur Savings and Loans bank involves several of Iceland’s largest investors, including Baugur and Íslandsbanki.

Read More »