A Grapevine service announcement Pay attention: The Holuhraun eruption is at it again

Iceland Economy Still At Risk

Published February 12, 2013

According to an Icelander working for the World Bank, Iceland’s economy remains at risk of re-collapse due to the currency restrictions that remain in place following the 2008 crash, the Telegraph reports.
“Without radical action, another economic collapse is unavoidable in Iceland because of the capital controls, the country still hasn’t gone through the adjustment it needs,” Friðrik Jónsson said to the Telegraph.
It had been decided in 2011 that restrictions on foreign currency moving out of the country would be lifted this year. This, however, has other experts concerned that the diminished restrictions will see a mass exodus of foreign currency from Iceland, causing the króna to experience another sharp fall. To date, the currency restrictions have forcibly held millions of króna in the country, including large foreign holdings. The restrictions further prohibit the average resident from making even small monetary transfers out of Iceland.


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Most Icelanders Not Happy With Summer Of 2014

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In terms of the weather alone, most Icelanders have been unhappy with this past summer, with one notable exception. According to a new poll from Market and Media Research, only 45.4% of Icelanders nationwide have been satisfied with the weather this past summer. This is up slightly from 44.9% for the summer of 2013, but way down from 96.3% for the summer of 2012. The trend can be attributed to what have been relatively cool, cloudy and rainy summer both this year and last, while the summer of 2012 was decidedly warmer and sunnier. Regionally, not all Icelanders were of

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Two Women Attacked In Downtown Reykjavík, Appeal For Witnesses

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Two women were first harassed and then assaulted in downtown Reykjavík in the early hours of Saturday 30th August. A man started accosting them in Hverfisgata, outside Bar 11, at about 4.45am, in both Icelandic and English. When his drunken advances failed, he started following and aggressively coming on to the two, resulting in him being slapped. He then attacked both women, hospitalizing one with facial cuts and two black eyes. One of the women was artist Rosalie Smith, who was on her last night in Iceland and has now returned to the United States. She has sent out a

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Holuhraun: 4 Square Kilometres Of Lava

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Lava exuding from the Holuhraun eruption stretches 3.5 kilometres from the centre of the fissure and measures approximately 1.6 kilometres at its widest point, reports Vísir. According to the Icelandic Met Office the Holuhraun fissure is 1.5 km long with continuous eruption taking place in a 600-800 m long central section. The area of the lava is roughly 4 square kilometres. Currently, none of the tributaries of the river Jökulsá á Fjöllum touches the lava edge. A white blueish cloud has been rising from the eruption but its white colour does not suggest that it is an ash cloud. The

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Road To Dettifoss Waterfall Reopens

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The District Commissioner of Húsavík has decided to reopen the road to Dettifoss waterfall on the west side of Jökulsá á Fjöllum as of 08:00 am today, reports the Civil Protection Department. Other roads and hiking trails on the west side of Jökulsá are still closed. The decision has been made, not because the flood risk has gone down – it hasn’t – but because of increased surveillance in the area. As the volcanic eruption in Holuhraun is being intensely monitored and park rangers and additional law enforcement are present in the area it was deemed safe enough to reopen

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Union Official Worried About Tourism Industry Workers

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The managing director of one of Iceland’s largest trade unions says they are “extremely worried” about workers in the tourism industry. “We are extremely worried about [workers within] this field,” Drífa Snædal, the Managing Director of the Federation of General and Special Workers in Iceland (SGS), told Vísir. “If Iceland intends to build up the tourism industry, it will have to really clean house.” Drífa says that unions around the country have had to deal with reports of employees filing grievances, mostly about being paid unfairly. “There are two types of groups within the tourism industry,” she said. “Those who

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Faroese Ship Bids Iceland Adieu

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The beleagured Faroese fishing vessel that ordinary Icelanders assisted despite the cold shoulder from government has bid our fair shores farewell. MBL reports that Næraberg departed from Reykjavík harbour at about 6:00 this morning. At the time of this writing, the ship is about halfway to Greenland, presumably to resume fishing mackerel. As reported, the ship was sailing from Greenland when it encountered engine trouble and radioed Iceland for permission to dock in Reykjavík harbour to conduct repairs. However, citing an obscure law about fishing rights, Icelandic authorities initially only allowed permission for the ship to dock – the crew

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