- January 10, 2014
In 2008, Iceland experienced one of the most dramatic crashes any country had ever seen. Since then, its recovery has been just as impressive. Are there lessons to be learned? SPIEGEL went to the island nation to find out. more... [ Comment ]
- November 26, 2012
In late 2008 and early 2009, all three of Iceland's major banks collapsed amid the financial crisis. Now, the country is experiencing economic growth once again and unemployment is falling. Economy Minister Steingrimur Sigfusson explains to SPIEGEL how it was done. more... [ Comment ]
- December 08, 2011
Three years after going bankrupt, Iceland has defied predictions by getting its finances back under control. But mountains of private debt have left thousands hopeless and skeptical of any salvation that could come from joining the European Union and adopting the euro. more...
- May 23, 2011
A year after the Eyjafjallajökull volcano caused European air travel chaos, another Icelandic volcano has blown its top. This time, Grimsvötn is the name on traveler's lips as they worry about the impact the volcanic ash cloud could have on flight schedules. Officials at the EU and in Germany say there is no reason for serious concern at the moment. more...
- April 28, 2011
As a former punk rock hell-raiser and renowned comedian, Jon Gnarr may not have been the most obvious choice as mayor of Reykjavik in the aftermath of a financial crisis. But he has proved popular with the electorate, and his success has raised a question: Do outsiders make better crisis managers? more... [ Comment ]
- April 26, 2011
Since the eruption of an Icelandic volcano caused havoc with Europe's air transport system just over a year ago, doubts have persisted over how dangerous the ash clouds really were. A new study has concluded that the ash released in the first part of the eruption did, in fact, represent a risk for planes. more...
- November 02, 2010
Just over two months after officials declared Eyjafjallajökull dormant, Icelandic geophysicists say a separate volcano is showing signs of life. Grímsvötn volcano may be about to blow its top -- and European air travel could once again be affected. more...
- May 17, 2010
Both Heathrow in London and Schiphol in Amsterdam were closed on Monday morning as volcanic ash from Eyjafjallajökull once again drifted across northern Europe. Meanwhile, a leading Lufthansa safety official resigns over controversial, low-altitude flights. more...
- April 20, 2010
Flights resumed in several European countries Tuesday after EU transport ministers decided to ease flying restrictions. Britain has warned that a new ash cloud may be approaching from Iceland, however, prompting fears of further disruptions. more...
- April 17, 2010
The eruption of the Icelandic volcano Eyjafjallajökull has brought European aviation to a near-standstill in the worst disruptions since 9/11. Airlines are hemorrhaging money and tens of thousands of passengers are stranded. But if the weather had only been a little different, the whole crisis might never have happened. more...