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Iceland Plans to Buy Out Homeowners in Volcano-Struck Town

Iceland's government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after three volcanic

Hildur margret johannsdottirMargret johannsdottir

Iceland plans to buy out home owners in volcano-struck town

To compensate for the loss of their homes, the government has proposed to pay 95% of the insurance value of all residential housing in the town.

Hildur margret johannsdottirMargret johannsdottir

Iceland Plans to Buy Out Homeowners in Volcano-Struck Town

Iceland's government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after three volcanic

Hildur margret johannsdottirIcelandic department of civil protectionMargret johannsdottirIcelandic departmentCivil protection

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