Saturday, July 11, 2009

Hotel burns to the ground at Thingvellir in Iceland

The Hotel at Thingvellir ,the most sacred part of Iceland ,burned to the ground yesterday.
It was an old building ,made of timber.
Firefighters fought the fire ,but could not stop it.
The Icelandic Coast Guard helicopter came with firefighters from Reykjavik,to assist the local firefighter crew.
Here you can see a video from the fire ---- VIDEO

Wednesday, July 8, 2009

Civil war in Iceland ??

Bjorgulfur Gudmundsson and his son ,Bjorgulfur Thor Bjorgulfsson,have asked that half of their debts to Kaupthing Bank ,be written off and they do not have to pay half.
That would mean ,that they would not have to pay ,3 billion kronas.
Bjorgulfur Thor Bjorgulfsson is estimated to own now - 170 billion kronas.
In the meantime ,familys are offered ,getting their lones, on longer time period.
Representives of people and familys in debt in Iceland ,say ,that if they dont pay all their debt,then every promice from the goverment to the public,is void.
One ,represting Icelands stock holders,mr: Vilhjálmur Bjarnason, said ,that if they do not pay all
of their debts,that would mean a civil war in Iceland .


Since the banking crises started here in Iceland ,last october ,2008 - about 1000 Icelandic citizens have moved to Norway.

Photos : Top - Bjorgulfur Thor Bjorgulfsson
bottom : Vilhjalmur Bjarnarsson

Strange loans in Iceland

Still,there are information coming here in Iceland.
Employees at the top at Kaupthing Bank,got special loans ,to buy stock in the bank.
And the Kaupthing board of directors,decided ,that they would not have to pay fot the loan they got.
One of the employees ,was Kristjan Arason,husband to the vice chairman of the Independence party.
She ,Thorgerdur Katrin Gunnarsdottir ,was last year ,the education minister in the ICelandic goverment.
Kristjan had a 890 millon krona loan ,a so called " bubble loan " ( kúlulán) .
Wich means that the sequrity on that loan to buy stock,is the stock itself.
23 employees of kaupthing ,got special service from the board of the Bank.
And do not have to pay the loan they got.

Meanwhile public is going bankrupt,and many moving from Iceland.
Many have to go to the family help service,once a week,to get food for their familys.





Friday, July 3, 2009

More corruption surfacing in Iceland ?

At Kaupthing Bank ,a loanbook from the bank,that one of the newspapers here in has ICeland has,shows ,that 22 of the senior employees,got loans to buy stock in the bank,in the amount of 23 billion kronas.
And at a bank board meeting ,it was decided that personal sequrities for these loans,should be dropped,and they should not have to pay the loans they got to buy the stock.
Those who got the loans ,are no longer working at the bank.

One of the loantakers,his wife was the education minister in the ICelandic goverment ,when the banking crisis hit last october ( 2008 )
To pay these debts,and the Icesave account in Europe - the ICelandic parliement is about to put into law,that Iceland will pay that debt.

And that means raising taxes on the public in Iceland.
Income tax,gas tax and so on.

Wednesday, July 1, 2009

New Icelandic Coast Guard airplane DASH 8q 300

Today , a new Icelandic Coast Guard plane landed for the first time in Iceland.
This is a DASH 8 q 300 - type,and with all the neccesary equipment that a coast guard plane should have.
Two coast guard helicopter came in formation with the new plane.
Then after landing there where speaches at Icelandic Coast GUard HQ.
Before this,the coast used for the last 32 years, a Fokker 27 .
So it was about time to get a new plane for the Icelandic coast guard.

Click on the photos - and the will get bigger









Sunday, June 28, 2009

Economic Crisis free time in Iceland

Yesterday night ,i went for a drive to enjoy a beautiful sunset here in Reykjavik.
It was at around 23:00 hours last night.
Great to go out ,enjoy the weather and beautiful sunset.
And get all the economic ,banking,and political crisis out of your head for a short while.
It is nice to get away from the media for a short time.
Hope you like the photos .
And click on them ,and they will get larger.

















Saturday, June 27, 2009

Corruption and protest in Iceland june 26 2009

The Icelandic goverment is planning to raise taxes more in the months to come .
Gas ,tobacco,VAT and more taxes are to be raised.
Protest is planned today in Reykjavik.
The investigation into the banking crisis is not doing anything.
People talk about that the Icelandic community is to small and everybody to connected,that there should be a foreign investigation into the banking crisis.

Today the protest is about the Icesave account in Europe .
The goverment is about to put to parliement a law,that sais that the ICelandic govermnt will pay it all.
That is in the ammount of 650 billions kronas.
And some say - why should the public pay,for the wrongdoings of private bankers.

Here below are a few photos i took last night of the sunset at 23:00 hours .
Click on the photos ,and the will be larger.