AGP Executive Report
Last update: 8 hours agoWhaling Returns: Iceland has killed its first fin whales since 2023 as commercial whaling resumes after a two-year pause, drawing fresh criticism from animal welfare groups. EU Payments Upgrade: The European Central Bank and Iceland’s central bank signed Iceland’s deal to join the Eurosystem’s instant payments system (TIPS), with central-bank settlement in Icelandic króna starting in 2028. City Infrastructure Pressure: Reykjavík moved to expedite repairs after a serious pavement accident in Grafarvogur, with officials warning that fixing the worst pavements could cost about ISK 2.2 billion. Iceland-EU Membership Vote: Iceland will hold a late-August vote on whether to restart EU membership talks, with fisheries and aquaculture exemptions floated as part of any potential deal. Economy Watch: Statistics Iceland reports industrial producer price inflation accelerated in May to the highest level in nearly four years. Scandinavian Politics in Sports: Norway’s viral “Viking row” celebration is now irritating neighbours, with Sweden shrugging and Denmark reacting with envy.
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