Committee Proposes Eliminating Indefinite Fish Farming Licences

The majority of the Parliamentary Industrial Affairs Committee wants to change legislation on fish farm to make all licences temporary, RÚV reports. Current legislation allows the granting of [...]

Eight Hundred New Hotel Rooms In Reykjavík Next Year

Seven new hotels are currently being built in Reykjavík, with 800 new rooms expected to open in the next year, Vísir reports. In addition, there are twelve hotels in development which will add [...]

Reykjavík Approves Another Secret Solstice Festival

Reykjavík City Council approved a contract with representatives from Secret Solstice music festival for three days of concerts in Laugardalur from July 21-23, RÚV reports. The festival is heavily [...]

Women Are One Third of Board Members at Iceland’s Largest Companies

In 2018, women made up 33.5% of boards of directors in enterprises employing 50 or more persons. This is the first time the proportion of women as board members of large companies has exceeded [...]

Government Aims to Shut Down Microlenders

Most microloan companies operating in Iceland are in the ownership of a single company headquartered in Denmark, RÚV reports. This allows them to offer loans with conditions which are illegal [...]

Study Finds that Airbnb Promotes Social Inequality

Over 60% of registered Airbnb owners in the capital area are renting properties in downtown Reykjavík or adjoining neighbourhoods. Kjarninn reports that  Airbnb properties are concentrated on six [...]

Emissions Will Increase by 10% if Silicon Plant Reopens

Iceland’s greenhouse gas emissions will increase by over 10% if the silicon plant in Helguvík resumes its operations, RÚV reports. This data was provided by the Environment Agency of Iceland in [...]

Request Protected Status for Hand-Knitted Icelandic Sweaters

A group of Icelandic sweater producers hopes to legally protect the product name “Icelandic sweater” (Icelandic: íslensk lopapeysa). The Icelandic Food and Veterinary Authority has received a [...]

Nearly 800 Receive Unemployment Benefits

Around 760 former WOW air employees will receive unemployment benefits in May, RÚV reports. Unnur Sverrisdóttir, director of the Directorate of Labour, says the number is lower than originally [...]

Faroese Blue Whiting Gives Icelandic Fishing Industry a Boost

Nearly all of Iceland’s pelagic trawlers are currently engaged in blue whiting fishing off the coast of the Faroe Islands, RÚV reports. Blue whiting fishing has been a real boon for the Icelandic [...]

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