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News 2015 - September

Money - Icelandic Króna

Creditors Will Pay ISK 120 Billion

At a meeting in Harpa concert hall today, the creditors of Kaupþing Bank agreed to pay ISK 120 billion (USD 937 million, EUR 839 million) in stability contribution in order to be exempt from capital controls.

Domestic Animals in Trouble

An inspection of Icelandic pig farms, done last year by the Icelandic Food and Veterinary Authority (MAST), shows that in some cases sows are kept in such narrow stalls that they can’t stretch their legs.

Sigmundur Davíð Gunnlaugsson

PM’s Greenhouse Gas Goal Debated

Prime Minister Sigmundur Davíð Gunnlaugsson promised a 40 percent reduction in the emission of greenhouse gases at the United Nations Sustainable Development Summit Saturday, but has since been harshly criticized by the Icelandic Environment Association for lack of honesty.

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