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Watch an audio slideshow of how traditional Icelandic rhubarb stew is made. Rhubarb is one of the few vegetables that grows effortlessly in Iceland and for that reason it used to be a highly-valued addition to the traditional diet of fish and lamb.
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Creditors in the now defunct Icelandic bank Glitnir are reviewing a composition agreement to hand the bank to its bondholders.
Photo copyright Icelandic Photo Agency.
The winding-up committee’s proposal is reportedly supported by the bank’s bondholders, though formal approval has not yet been given.
The Government of Iceland said yesterday that it is seeking to pass a bill allowing it to sell its stakes in Glitnir (now Íslandsbanki), Landsbanki and Kaupþing (now Arion Bank), businessweek.com reports.
After the 2008 banking collapse, the Icelandic government transferred domestic accounts from Glitnir to state-created lender Islandsbanki. Creditors received a 95 percent stake in Islandbanki. The agreement would mean that creditors would receive payments from the estate.
ZR
The Gender Equality Studies and Training Programme (GEST) at the University of Iceland was formally approved as a member of the United Nations University (UNU) network earlier this month.
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Sales of Icelandic vegetables are at a record high according to managing director of The Marketing Association of Horticultural Producers (Sölufélag garðyrkjumanna) Gunnlaugur Karlsson.
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Four tourists were rescued from a piece of floating ice in Fjallsárlón glacial lagoon, East Iceland, yesterday afternoon. Fjallsárlón is just west of the popular Jökulsárlón glacial lagoon.
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Today is the Second Day of Whitsun, or Pentecost, a Christian holiday and bank holiday in Iceland. Although Whitsun is a religious holiday, many people skip mass and use the opportunity to engage in outdoor activities with their friends and families.
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The 2013 April-May issue of Iceland Review & Atlantica has been released. Packed with informative and entertaining stories, highlights include an interview with outgoing Prime Minister Jóhanna Sigurðardóttir and the people who know her best, a photo essay of ice caves in Europe’s largest glacier and a colorful feature on life in the West Fjords.
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REVIEWS
The 11th Reykjavík Shorts & Docs. Catch it while it lasts!
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Artist couple Nína Ivanova and Ómar Smári Kristinsson explain why they decided to settle in the West Fjords’ capital.
Reykjavík Queer Choir’s annual spring concert takes place on Friday, May 24.
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