Icelanders invest in Faroese bank

Over 6,000 Icelandic investors, including Icelandic pension funds, have submitted subscriptions in a share offering undertaken by Faroese bank Foeroya Banka. The Faroese state is in the process of privatizing the bank.

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“Summer of Art” in Akureyri

The annual “Summer of Art” was formally opened for the 15th time in Akureyri, northeast Iceland, yesterday at a special ceremony in the town’s Botanic Garden. The “Summer of Art” will last until August 25, the date Akureyri was founded.

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