Smelly Skate Sells Like Hot Cakes

Putrefied skate is selling like hot cakes before the traditional Thorláksmessa skate dinner parties held today all over Iceland. Fish mongers claim it is a cock and bull story that young people do not like the smelly skate.

Continue reading

Iceland Owes 5,150 Billion ISK

The Central Bank of Iceland estimates that the debt of Iceland will be 5,150 billion ISK at the end of 2010 which is 320 percent of the gross domestic product. This is slightly more debt than estimated in the last reevaluation by the IMF which valued the debt at 295 percent of GDP, Morgunbladid reports.

Continue reading