Icelandic banks to merge?

Shareholders in Kaupthing and Glitnir met recently to discuss a possible merge. According to the Iceland Stock Exchange (ICEX), the banks are currently worth over ISK 1,100 billion (EUR 12.3 billion, USD 16.1 billion).

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Man saved by frost

A man was found unconscious and bleeding near the nightclub Players in Reykjavík suburb Kópavogur on Saturday night. The outside temperature went down to -5°C, which reduced the bleeding and may have saved the man’s life.

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