Country of Iceland
Iceland lowers its interest rate to 7%.
Iceland will close schools, swimming pools, gyms, and bars at midnight and lower the limit on gatherings from 50 people to 10 people. These measures will be enforced for the next three weeks following an increase in the number of COVID-19 cases.
The Danish Health Authority temporarily suspends the use of the Oxford-AstraZeneca vaccine for two weeks as a "precaution" following reports that some vaccinated people had experienced blood clots, causing one person to die after receiving the vaccine. It has not been determined whether there is a link between the vaccine and the clots. Norway and Iceland have also suspended their use of the vaccine.
Citizens of Iceland cast their vote in the latest presidential elections. Incumbent president Guðni Th. Jóhannesson is expected to be the clear winner of the election.
Voters in Iceland head to the polls to elect a new president with a historic low voter turnout expected. Independent candidate Guðni Th. Jóhannesson claims victory.
Researchers in Iceland report on CarbFix, in the journal "Science", that carbon dioxide emissions can be pumped into the earth and changed chemically to stone — significantly faster than expected.
Iceland issues a red alert warning for the Bárðarbunga volcano meaning significant emissions are likely.
Four former Icelandic bank bosses are jailed over concealing illegal activities within the bank Kaupthing.
The European Union threatens trade sanctions against Iceland and the Faroe Isles over a disagreement about fishing rights.
Italy fines Ryanair €3 million for failing to help passengers after cancelling their flights during the Icelandic volcanic crisis as the cloud threatens to wreak more havoc.
Keflavík International Airport, Iceland's largest airport, is shut down due to volcanic ash.