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Greenhouse, South Iceland

Regulations on Eco-Friendly Agriculture Reviewed

The Ministry of Fisheries and Agriculture will appoint a working group to revise regulations on eco-friendly agricultural production in Iceland after daily Fréttablaðið discovered that the industry was not being monitored.

Grímsstaðir

Grímsstaðir Advertised for Sale in EEA

Jóhannes Haukur Hauksson, one of the owners of the land Grímsstaðir á Fjöllum in Northeast Iceland, said he and three other owners are planning to advertise their 72 percent share of the land for sale in the European Economic Area (EEA) in the coming days.

gavel as used in courts

Glitnir Bank Employees Sentenced to Prison

The four former Glitnir Bank employees accused of breach of trust and market manipulation in connection with the bank’s ISK 3.8 billion loan to BK-44 in 2007 were yesterday sentenced to four and five years imprisonment.

Icelandair plane

Icelandair Mechanics’ Strike Canceled

Contract negotiations between aviation mechanics and Icelandair have broken down again and their indefinite strike is still planned to begin tomorrow – although that now seems unlikely, because the Icelandic parliament has been called in from its summer break to debate the matter and vote on...

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