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Most Icelanders Do Not Trust Government To Handle Bank Sale
The majority of respondents to a poll conducted by Maskína do not trust the government to handle the sale of Íslandsbanki, Vísir reports. As reported, Íslandsbanki has been owned by the Icelandic treasury since the wake of the 2008 financial crash, but…
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Brynja For Sale, Owner Hopes The Shop Will Go On
On Saturday it was reported that the Brynja store at Laugavegur 29 was looking for new owners. Brynjólfur H. Björnsson, the current owner, hopes that the store will go on after the sale, Vísir reports. [su_pullquote]It’s AMA (Ask Me Anything) time, this…
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Íslandsbanki Sale: Pressure On Finance Minister To Resign
Minister of Finance Bjarni Benediktsson is now facing increased calls for his resignation in the wake of the sale of shares in Íslandsbanki, which the government admitted yesterday has been deeply flawed. [su_pullquote]Are you going to Iceland in the near future? Check…
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Íslandsbanki Sale “Did Not Meet Expectations” Of Government, ISFI To Be Shut Down
A statement from the government has been released regarding the sale of the 22.5% share in Íslandsbanki, wherein they say amongst other things that they will call upon Parliament to dissolve Icelandic State Financial Investments (ISFI). The government believes the sale has…
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Finance Minister’s Father Amongst Buyers Of Shares Of Íslandsbanki
Yesterday, the Ministry of Finance made public the list of 209 investors who purchased a combined total of a 22.5% share in Íslandsbanki, a bank which has been owned by the Icelandic State Treasury following the 2008 financial crash. [su_pullquote]Not in Iceland…
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Famed Natural Landmark Sold To German And Icelandic Private Companies
Hjörleifshöfði, an inselberg off the southern coast of Iceland with centuries-old historic significance to the country, has been sold to two private interests, Vísir reports. Þórir Níels Kjartansson and siblings Áslaug and Halla were the previous owners of Hjörleifshöfði, but have for…
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Minister May Get Involved With Jökulsárlón Sale
The Minister for the Environment is reportedly “concerned” about the sale of land near the site of natural wonder. While it has been widely reported that Jökulsárlón is “for sale”, this is not exactly true – rather, a plot of land that…
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Finance Minister’s Family Purchase State Assets Behind Closed Doors
Finance Minister Bjarni Benediktsson’s family was granted early access to an unadvertised share sale that allowed them to purchase a stake in Landsbankinn asset Borgun, reports Kjarninn. In all, Landsbankinn sold 31.5% of Borgun shares in this sale to a number of companies. The largest…