Awarding Istanbul the title of 'European Capital of Culture' is a great opportunity for Europe to understand Turkey and for Turkey to better understand the EU, Egemen BaAYA AY, Turkey's EU chief negotiator, told the European Parliament on 2 February.

The elusiveness of the visit which Icelandic Prime Minister JA3hanna SigurdardA3ttir paid to European Commission President JosA© Manuel Barroso yesterday hints at the precariousness of her government at home and abroad, commentators told EurActiv.

E-mail: kschmiegelow@rh.dk Received 2 December 2009; Accepted 18 December 2009; Published online 4 February 2010.

Iceland President Accuses England, Holland of Financial 'Bullying' >> Posted By onlyonesecret 20 hours, 7 minutes ago in Political News Olafur Ragnar Grimsson said the two countries had been "using their influence within the International Monetary Fund" to stop it lending Iceland billions of dollars needed to rebuild the country's debt-ridden ...

Iceland's government will probably abandon plans to renegotiate a U.K. and Dutch depositor bill if it doesn't win backing by the end of this week, said a political adviser to Prime Minister Johanna Sigurdardottir.

Icelanda s president on Tuesday blocked a bill to pay Britain and the Netherlands $5.7 billion for losses from the collapse of one of its banks.

THE PRESIDENT of Iceland Olafur Ragnar Grimsson has said that a joke linking his country's economic difficulties with those of Ireland, which circulated in financial circles in London at the height of the banking crisis, was "just a recent example" of the "arrogance of the British". The joke - "What's the difference between Iceland and Ireland? One ...

Two Reykjavik restaurant owners who have been growing beards in protest of Iceland's double-digit interest rates are finally able to shave as the Cent ...

Iceland cuts key rate half a point to 9.5 pct REYKJAVIK, Iceland - Iceland's central bank on Wednesday cut its key interest rate by half a point to 9.5 percent to help the economy as the inflation rate eases and the national currency stabilizes.

When one encounters a new culture, the best way to immerse yourself is with your palate.

Icelandair is offering sale fares from $369 round-trip to featured destinations such as Amsterdam, Copenhagen, Paris, and Reykjavik.

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REYKJAVIK, Jan 20, 2010 - For young Icelanders at a loose end the Fjolsmidjan can prove to be a turning point.

When one encounters a new culture, the best way to immerse yourself is with your palate.

The last ship that still calls at Richmond, the small, 30-year-old Reykjafoss, is a small but vital link between the United States and a tiny nation that's among the hardest-hit by the global financial meltdown of 2008.

Public health experts have noticed signs of family breakdown in the wake of the 2008 financial meltdown that left most adults in serious debt Angry Icelanders protest outside the parliament in Reykjavik at the height of the crisis.

If you thought that 2009 was the year to grab a cheap package to Iceland in order to take advantage of the country's floundering economy and inexpensive prices because of the pesky bank failure, then just wait until 2010 really gets a move on.

Hehh That Datacenter is a little under 900 feet from my house. It is however incorrect that this gives it "direct" access to all 3 submarine cables.

By Gerri Peev THE Foreign Office has warned MPs not to travel to Iceland due to fears their presence could trigger a backlash in the run-up to the cash-strapped country's referendum on paying back British taxpayers.

Recent years' boom and bust economics, plus Iceland's small size and sometimes reckless approach to banking, have left it in a tight spot in terms of debt and its future.