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Conflict with the United Kingdom led to a series of so-called Cod Wars, which included confrontations between the Icelandic Coast Guard and the Royal Navy over British fishermen: in 1952–1956 due to the extension of Iceland's fishing zone from 3 to 4 nmi (5.6 to 7.4 km; 3.5 to 4.6 mi), in 1958–1961 following a further extension to 12 nmi ...
The emission level for the maximum bonus was raised to 20 g/km or less. Cars with emission levels between 20 and 50 g/km were eligible to a bonus of up to €5,000, and between 50 and 60 g/km were eligible to a bonus of up to €4,500. After this limit, the bonus dropped to €550. [62] The fee schedule for the bonus-malus was modified in 2013.
In 2016, 71.6% of the population belonged to the state church (the Evangelical Lutheran Church of Iceland), approximately 5% in free churches, 3.7% to the Roman Catholic Church, approximately 1% to the Ásatrúarfélagið (a legally recognized revival of the pre-Christian religion of Iceland), approximately 1% to Zuism, 8% in unrecognized or ...
Bilateral relations Euro-Icelandic relations European Union Iceland Iceland is heavily integrated into the European Union via the Agreement on the European Economic Area and the Schengen Agreement, despite its status as a non- EU member state. Iceland applied for membership in 2009. The Minister for Foreign Affairs sent a letter in 2015 that ended the application process. Comparison European ...
Iceland is one of the most tourism-dependent countries on earth. [30] In October 2017 the tourism sector directly employed around 26,800 people, with the total number of employees in the country being 186,900. [31] At the start of the growth period around 2010, tourism benefited from a weak ISK, but a strong ISK then cooled down the sector.
Then, in March 2012, the Greek government did finally default on parts of its debt - as there was a new law passed by the government so that private holders of Greek government bonds (banks, insurers and investment funds) would "voluntarily" accept a bond swap with a 53.5% nominal write-off, partly in short-term EFSF notes, partly in new Greek ...
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