Brothers Can Buy Back Share in Bakkavör

money-banknotes_psIcelandic businessmen brothers Ágúst and Lýður Guðmundsson will be able to buy up to 25 percent of shares in Bakkavör Group, the company which they founded but were about to lose to claimants, after they agreed to give up their current shares in the company.

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MPs Propose Referendum on Constitution Next Fall

althingi-voting-280910_pkSeven parliamentarians suggest that a referendum on changes to the Icelandic constitution as drafted by the Constitutional Council take place next autumn, on October 20 at the latest. They submitted a proposed amendment to the current proposal on consultative national referendums last week.

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Icelanders Crowd Opening of Bauhaus

bauhaus_opening_may2012_small_domMore than 10,000 people visited the German hardware chain store Bauhaus during its opening in Grafarholt, Reykjavík, last weekend—a new record. Between 7,000 and 8,000 people are believed to have come there on Saturday alone.

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Neuer Intendant für die Harpa

halldor_g_bvHalldór Guðmundsson, der als Ehrengast das Land Island mit dem Projekt „Sagenhaftes Island“ auf der Frankfurter Buchmesse im vergangenen Jahr vorgestellt hatte, ist als neuer Intendant für die Konzerthalle Harpa in Reykjavík verpflichtet worden.

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