The embassy is closed on the First day of summer, which in the year of 2008 will be April 24th. The day is the first day of Harpa, the first summer month of the ancient Icelandic calendar.
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The Board of Governors of the Central Bank of Iceland has decided to raise the policy rate by 1.25 percentage points to 15%. The assumptions underlying the inflation forecast published in Monetary Bulletin in November 2007 entailing an unchanged policy rate until after the middle of this year have not held. >>>