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Iceland grapples with 19 percent spike in tourism

In Iceland’s Thingvellir national park, a wooden bridge covers a crack in the paved road leading to the site where the world’s oldest parliament was founded in 930. But the bridge is considerably younger, only dating back to last summer. It was built after a few hundred metres (yards) of…

Court: Iceland doesn’t need to repay UK and Dutch depositors

Iceland was entitled to refuse to pay immediate deposit guarantees to savers with failed online bank Icesave in Britain and the Netherlands, a European court said Monday. The ruling is the latest twist in a bitter dispute which has clouded negotiations on Iceland’s ambitions to become a member of the…