Initial responses to a proposal to take the 5,000 and 10,000 króna bills out of circulation to counter tax evasion show that society is not yet ready for such a radical idea, according to Iceland’s Minister of Finance Benedikt Jóhannesson.
A woman intending to make some purchases at a shopping mall yesterday evening decided to shoplift the goods instead because she felt the prices were too high.
Despite a recent drop in the value of the Icelandic króna, it is likely to keep rising in the long term, according to Daníel Svavarsson, an economist at Landsbankinn bank.
Q: Do you know of any articles or books (in English) about the Irish hermits who were living in Iceland when the Vikings began the Settlement?
Q: I’m trying to find volunteer opportunities for a group of high school students that will be working on a community service project in Iceland in April 2017.
Q: Whilst in Reykjavik I was amazed by the street art and took quite a few photographs. Is the law on street art/graffiti in public places as liberal as it seems?
Q: When we visited Hveragerði, a local rock collector told us about a stone found in Iceland that was traditionally carried by midwives and given to pregnant women in the olden day
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