Articles

Dalvík City in Iceland

Dalvík City in Iceland: Hotels, Area, Population and Things to Do

Dalvík is a small village of 1,400 people in northern Iceland. Its name means “valley bay” and accurately describes its location. Dalvík City in Iceland is only about a century old. Before officially becoming a village, it was a collection of farmsteads and a few fish farmers. Dalvík has a substantial agricultural and fishing culture.

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Siglufjörður City in Iceland

Siglufjörður City in Iceland: Hotels, Area, Population and Things to Do

Siglufjörður is a small town known for its fishing and herring industry; that is the most northern town in all of Iceland. The first Icelandic savings bank was founded there in 1873. The town has been shrinking since the 1970s, when herring fishing started to decline. What to do in Siglufjörður? Siglufjörður is an underrated

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Economic Program With IMG

Economic programme in cooperation with IMF   The Icelandic government decided to seek assistance from the International Monetary Fund (IMF) immediately after the onset of the financial crises. An agreement and an economic programme was finalized by October 24 2008. On November 19th the IMF approved Iceland’s request for a two year stand-by arrangement. Iceland

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Eskifjörður City in Iceland

Eskifjörður City in Iceland: Hotels, Area, Population and Things to Do

Eskifjörður City in Iceland is a small port town located on the eastern side of Iceland. This town has a large fishing industry and is one of the most populated towns in the region, with a population of over 1,000 people. What to do in Eskifjörður? Eskifjörður is located near many beautiful natural sights and

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Bolungarvík City in Iceland

Bolungarvík City in Iceland: Hotels, Area, Population and Things to Do

Bolungarvík City in Iceland is a town located in the Westfjords in northwest Iceland. This town has been a fishing outpost since the 17th century and has a population of 955 people. The town of Bolungarvík is known for the nearby Bolafjall Mountain, which has a beautiful and unique look even compared to the natural

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Grundarfjörður City in Iceland

Grundarfjörður City in Iceland: Hotels, Area, Population and Things to Do

The town of Grundarfjörður is located on the northern part of the Snæfellsnes peninsula along the western edge of Iceland. Grundarfjörður city in Iceland is located directly between the sea and the nearby Kirkjufell mountain. Grundarfjörður has a fishing and tourism local culture. Many people visit it for the beautiful mountains and lava fields nearby.

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Stykkishólmur City in Iceland

Stykkishólmur City in Iceland: Hotels, Area, Population and Things to Do

This town of 1100 people is located in the western part of Iceland. Stykkishólmur City in Iceland is a central hub for commerce, fishing, and tourism in the area.  Stykkishólmur was founded thanks to its great geography, making it a natural harbor. It has since been an important trading post in western Iceland. What to

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Ólafsvík City in Iceland

Ólafsvík City in Iceland: Hotels, Area, Population and Things to Do

Ólafsvík City is a historic small town located on the northern end of the Snæfellsnes Peninsula. During the 1600s and 1700s, it was a commercial trade hub for vessels around Iceland. Today Ólafsvík City in Iceland has a population of 1000+ people and is known for its beautiful mountain views, fishing, and sports culture. What

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Icelandic banks affected by the financial crisis

Glitnir Bank, Landsbanki, Kaupthing Bank In the wake of the global liquidity crisis in the beginning of October 2008, the three main commercial banks of Iceland, Glitnir, Landsbanki and Kaupthing, were not able to refinance themselves despite having considerable assets to match their debts and having operated in full compliance with European banking laws. Consequently,

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Trade and Economy

US-Icelandic Trade Relations Historically, the US has been one of Iceland´s most important trading partners. In 2006, the exports and imports to and from Iceland and the US accounted for 8,4% and 9,3% respectively of total exports/imports. US investment in Iceland has been growing steadily and amounted in 2004 to 31,4% of total foreign investment.

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Pets

Information on Importing a Pet into Iceland (updated March 1998) Applications for import of a pet must be submitted to the Ministry of Agriculture, Reykjavík, Raudararstig 25, 4th floor, 150 Reykjavik, Iceland, fax: 354-552-1160. The Ministry of Agriculture grants a permit to import a pet into Iceland. The Ministry will inform the importer when his

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general

Population 1999: 278.702. Capital: Reykjavik. President (since 1996): Mr. Ólafur Ragnar GRÍMSSON Prime Minister (since 1993): Mr. Davíð ODDSSON Currency: Icelandic kronurs (Ikr)(Rate of exchange, Jun. 2000: 1US $ = 77 Ikr.) Total area: 39,756 square miles, slightly smaller than the State of Virginia. Location: Island nation in North Atlantic, 5½ hrs. flight from New

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Kópavogur City in Iceland

Kópavogur City in Iceland: Hotels, Area, Population, and Things to Do

Kopavogur is the second largest municipal area by population in Iceland. The name of Kópavogur City in Iceland literally means ‘seal pup inlet’ because of the seals that used to mate and have their pups in the protected area of the coast. The city’s current mayor is Ármann Kristinn Ólafsson and has been since February

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Reykjavík (Capital City of Iceland): Things to do in Reykjavik

Reykjavik is the Capital City of Iceland, based in the Capital Region in the Southwest corner of the country. Its GPS coordinates are 64.1466 degrees North and 21.9426 degrees West.  The architecture in Iceland is primarily low-rise two- to three-story buildings with pitched roofs. Much of the ancient architecture put up by the Norsemen that

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Kópavogur City in Iceland

Kópavogur City in Iceland: Hotels, Area, Population, and Things to Do

Kopavogur is the second largest municipal area by population in Iceland. The name of the town literally means ‘seal pup inlet’ because of the seals that used to mate and have their pups in the protected area of the coast.  The current mayor of Kópavogur City in Iceland is Ármann Kristinn Ólafsson and has been

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Iceland Geography Facts and Country Profile

Iceland Geography Facts and Country Profile: Mountain Peaks, Ice Fields, and Plateaus

The main geographical features of Iceland (Land of Ice and Fire) are mountains, glaciers, volcanoes, and lava fields. The unique geographical location of Iceland, south of the Arctic Circle and on top of the ocean’s hot spot, resulted in diverse, striking, and raw landscapes. From the Hvannadalshnjúkur and Bárðarbunga mountains to the Öræfajökull and Katla

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Reykjavik

Reykjavik: The Captivating Capital at the Edge of the World

Looking at a map, you could be misled by the size of Iceland’s capital. As you’re circling the 105-square-miles city packed full of every kind of every landscape imaginable, it might be hard to believe that its entirety hardly reaches a population of 200,000. On the city’s northeast coast, the attraction-with-motion flyover meets a dramatic

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Car Rental Iceland

Car Rental Iceland: Go on the Affordable Adventure of a Lifetime

With respect to location, geography, and experience, there’s a sense in which Iceland is literally out of this world. Nature adorned her extravagantly, almost wastefully, with some of her choicest treasures. A nerve-calming landscape dotted at every turn with such incredible wonders as her effusive hot springs, sparkling streams, rugged hills, and rainbow-coloured waterfalls, can

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Eldhraun Iceland

Eldhraun Iceland: The Wondrous Lava Fields and Their Explosive History

From its dramatic landscape to the myths behind it, Eldhraun is a wonderland. Yet, behind its beautiful veil lies catastrophe. Why? Both death and climate change make iceland‘s biggest lava flow of great geologic and historical importance. Indeed, Eldhraun’s lava field was one of the most devastating eruptions since the ice age. Pressure had built

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