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18.09.2012 | 19:00

Iceland Central Bank: Euro Adoption Unlikely Amidst Crisis
The Central Bank of Iceland published a 622-page report, which provides detailed analysis of Iceland's currency and exchange rate policy options, yesterday.

centralbank_ipa
The Central Bank of Iceland. Photo copyright Icelandic Photo Agency.

Among the report's conclusions was that Iceland, which EU membership talks are ongoing, cannot consider a currency switch until both the Icelandic króna and the euro have stabilized, businessweek.com reports.

Minister for Industry and Innovation Steingrímur J. Sigfússon told ruv.is that it is important to continue to prepare for a future with the króna, given that no agreement has been made otherwise.

Click here to read more about Iceland's EU membership talks.

ZR

hallgrimskirkja_domWhitsun, or hvítasunna in Icelandic, is a religious holiday, celebrated on the seventh Sunday after Easter. Usually known as Pentecost in English, the holiday commemorates the descent of the Holy Spirit upon the disciples of Christ.  more

sigurros_iaIcelandic post-rock band Sigur Rós are set to appear on Jay Leno’s The Tonight Show on NBC on Friday next week.  more

sigmundurdavidgunnlaugsson_althingiChairman of the Progressive Party Sigmundur Davíð Gunnlaugsson will become Iceland’s next prime minister and leader of the Independence Party, Bjarni Benediktsson, will take up the position of Minister of Finance and Economic Affairs, as reported in the Icelandic media yesterday.  more

rvkmusicmess2013_posterThe festival Reykjavík Music Mess kicks off at KEX Hostel in the center of the capital with an opening party on May 23 at 8 pm. An art exhibition themed around the participating bands will open at the occasion and Boogie Trouble will play a few songs. Entry is free.  more

















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ir0213_coverThe 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.  more



REVIEWS
ranjonsdottirInterwined at the Einar Jónsson Museum is a group exhibition by the first Master students (Class of 2014) from the Iceland Academy of the Arts. The site-specific 21st century artworks delightfully freshen up the interior in the home and studio of the famous 20th century Icelandic sculptor.  more

fida_abu_libdeh_and_burkni_palsson_psFida Abu Libdeh moved to Iceland from East Jerusalem at 16, made her way through the Icelandic education system and now runs a promising startup company.  more

reykjavik_arts_festival_2013The 27th Reykjavík Arts Festival starts this week.  more

Click for Reykjavik, Iceland Forecast 




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