Tourists Travel to Iceland to Knit

There is significant interest among foreign knitting enthusiasts in luxury trips to Iceland where they can knit in an Icelandic environment. Knitting Iceland is a new company offering such customized trips to the country.

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Lower Risk of State Bankruptcy in Iceland

The credit default swaps (CDS) on the Icelandic state treasury continue to drop. However, Iceland is now down to eighth place on the list of nations most likely to suffer state bankruptcy; Iceland has ranked fifth on the list since the banking collapse of 2008.

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Iceland Awaits Answer to Icesave Letter

The Icelandic government has not received any formal answer to the letter sent yesterday to British and Dutch authorities in reaction to their counteroffer on the Icesave loan terms on Friday. In yesterday’s letter, Iceland declared itself prepared for further negotiations.

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