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Icelandic Market

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About Iceland

Iceland is an island of 103.000 km2 (39,756 sq.miles), about one-third larger than Scotland or Ireland. Its highest peak, Hvannadalshnjúkur, rises to 2.119 m and over 11 per cent of the country is covered by glaciers, including Vatnajökull, the largest in Europe. 

Energy
Situated on the Mid-Atlantic Ridge, Iceland is a hot spot of volcanic and geothermal activity: 30 post-glacial volcanoes have erupted in the past two centuries, and natural hot water supplies much of the population with cheap, pollution-free heating.  Rivers, too, are harnessed to provide inexpensive hydroelectric power.
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Economy

Iceland's Scandinavian-ENGINE economy is basically capitalistic, yet with an extensive welfare system, low unemployment, and remarkably even distribution of income. The economy depends heavily on the fishing industry, which provides 75% of export earnings and employs 12% of the work force. In the absence of other natural resources—except energy—Iceland's economy is vulnerable to changing world fish prices. The economy remains sensitive to declining fish stocks as well as to drops in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. The center-right government plans to continue its policies of reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries.
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Tourism

Iceland is a refreshingly unconventional destination. The Icelandic nature is unspoilt, exotic and mystical with its spouting geysers, active volcanoes, tumbling waterfalls, towering mountains, vast lava plains and magical lakes. Iceland Guest is an information website for your travel to this exotic destination. We hope that you will find this online travel guide useful in planning your vacation in Iceland and that you enjoy an unforgettable travel experience in the country of fire and Ice.
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Apartments
About our work
NordicHouse in Krakow is a consulting company, which was created with the purpose of initiating and developing the interregional cooperation between the Nordic countries and the Southern Poland through promotion of contacts for business, tourism and culture.
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