September 23, 2008 - Iceland Review Skip to content

Day: September 23, 2008

Iceland’s European Committee in Brussels

Iceland’s European Committee, on which representatives of government parties, labor unions, Iceland’s industries and economy all have a seat, is currently in Brussels to discuss European Union regulations in relation to Iceland.

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Qatar Sheik Buys Large Stake in Kaupthing Bank

Sheik Mohamed bin Khalifa Al-Thani of Qatar has acquired a more than a five-percent share in Iceland’s Kaupthing Bank worth ISK 25.5 billion, as announced yesterday. CEO of Kaupthing said this development strengthens the bank’s position.

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Wave of Break-ins in Iceland

Reports of breaking-and-entering into homes and vehicles have increased in the past months. Break-ins have usually increased in the fall, as darkness increases, but this year there was also a wave of break-ins in July and August.

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Mamma Mia! Breaks Jar City’s Record

ABBA musical-movie Mamma Mia! has become the highest-earning movie ever shown in Icelandic cinemas with box office sales amounting to almost ISK 92.3 million yesterday, breaking Jar City’s (2006) record.

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Famous “Center of Iceland” Pit Stop Relocated

Roadside restaurant Stadarskáli in the Hrútafjördur region, north Iceland, a famous pit stop on the Ring Road, sometimes referred to as the “Center of Iceland,” will close down today and reopen in a new location on Thursday.

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