The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Reykjavik’s revolting trawlermen

For a nation of such a small population - just under 280,000 - Icelanders have managed to achieve a remarkable amount of firsts. The world's first national parliament, the Althingi, was established in 930 AD after a group of pagans from Norway had travelled to Iceland in search of freedom from the oppressive but impressively named King Harald Fairhair. The world's first elected female head of state, Vigdís Finnbógadottir gained office in Iceland in 1980. The country was also the birthplace of the first European to set foot on the continent of North America, the intrepid Leifur Eiríksson achieving this feat in the year 1000 AD, beating Christopher Columbus to the accolade by almost 500 years.

Leifur Eiríksson: he studied
abroad, briefly

Leifur was also known as Leif the lucky, presumably due to his serendipitous happening upon a large body of land where no-one expected one to be.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree