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Money - Icelandic Króna

Half of Iceland’s 30 Highest Earners Live in Reykjavík

By Zoë Robert
Of the 30 individuals to have paid the highest tax in Iceland this year, 15 are registered as living in Reykjavík while nine live in neighboring towns: four in Kópavogur, three in Garðabær and two in Hafnarfjörður.
Reykjavík with Hallgrímskirkja in the background

Explosion in Apartments for Rent to Tourists

By Zoë Robert
Between 1,500 and 2,000 apartments in Reykjavík, the majority in the downtown area, are currently being rented out to tourists.

Chinese Investors Interested in Icelandic Bank

By Zoë Robert
Chinese investors are in discussions with the winding-up board of the Icelandic bank Glitnir to acquire its stake in Íslandsbanki. Glitnir’s share in Íslandsbanki is estimated at ISK 165 billion.

Sixty Million Tubs of Skyr Sold in Nordic Countries

By Zoë Robert
Sales of Icelandic skyr in the Nordic countries are expected to reach roughly 60 million tubs this year. For comparison, around 8 million tubs of skyr are sold on the Icelandic market each year.

Askja Remains Closed as Scientists Research Rockfall

By Zoë Robert
Specialists from the Icelandic Met Office and earth scientists from the University of Iceland were at Askja today to research the rockfall which occurred in the area on Monday night.

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Former Reykjavík mayor, Jón Gnarr, gives a candid inside look into his personal and political life in his memoir.
Gnarr! book cover

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