Iceland

Bulgaria's First Investment Bank (Fibank) has repaid the BGN 1.2 B state aid, which was provided to the bank in June 2014.

The repayment was made in compliance with the plan approved by the European Commission in November 2014. The international rating agency Fitch confirmed the bank's ratings with Stable outlook.

Iceland's prime minister has tendered his resignation two days after his name was linked to the Panama Papers offshore tax revelations, international newswires reported on Tuesday.

Sigmunder David Gunlaugsson is the first major casualty of the global Panama Papers leaks from law firm Mossack Fonseca, which have brought the world offshore finance into the spotlight.

Icelanders are flocking to the Ancient Zuist movement – a new religion that is enjoying a revival while thousands are joining as part of a protest against the state. The religion worships Sumerian gods and is against taxes,

The list of the measures to be implemented is going to be approved today at Euroworking Group which is conducted via teleconference.

Watch the incredible and mysterious waterfall fog phenomenon in … well-governed Iceland. While hiking with friends near Europe’s largest bird cliff, Latrabjarg, in Iceland, Kjartan Gunnsteinsson captured this amazing short video.

Turkey became Europe's 10th cheapest country in terms of goods and services in 2014, the Turkish Statistics Institute (TÜ?K) said in a written statement on June 25. 

The comparisons were made between prices in the 28 EU member countries, Switzerland, Iceland, Turkey, Macedonia, Serbia, Albania and Bosnia Herzegovina. 

Forget the hustle and bustle of Europe’s top holiday destinations, for Lonely Planet the top spot in its list lies in Iceland, on the Arctic circle island’s northern coast, in fact.
The top spot goes to Akureyri, Iceland’s second-biggest urban area, which Lonely Planet describes as blessed for being naturally beautiful and tourist free.

It was the selfie that launched a … 1,000 topless Icelandic women to go topless for … feminism! Well, it may not be 1,000 but it sounds poetic, in a Homeric way.

Iceland on March 12 announced it was dropping its bid to join the European Union in line with pledges made two years ago by its then new eurosceptic government.
      

Iceland withdraws EU membership candidature

REYKJAVIK -- Iceland's authorities announced late on Thursday that the country's bid to join the EU as a member had been withdrawn.

The decision was made two years after a eurosceptic coalition came to power, promising it would end Iceland's European integrations process.