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The early Norse settlers named the island Greenland. In the Icelandic sagas, the Norwegian Erik the Red was exiled from Iceland with his father, Thorvald, who had committed manslaughter. With his extended family and his thralls (slaves or serfs), he set out in ships to explore an icy land known to lie to the northwest.
In 1953, Greenland was raised from the status of colony to that of an autonomous province or constituent country of the Danish Realm. Greenland was also assigned its own Danish county. Despite its small population, it was provided nominal representation in the Danish Folketing. A plantation of exotic arctic trees was created in 1954 near ...
Iceland's stock market, the Iceland Stock Exchange (ISE), was established in 1985. [147] Iceland is ranked 27th in the 2012 Index of Economic Freedom, lower than in prior years but still among the freest in the world. [148] As of 2016, it ranks 29th in the World Economic Forum's Global Competitive Index, one place lower than in 2015. [149]
Norse settlements in Greenland were established after 986 by settlers coming from Iceland. The settlers, known as Grænlendingar ('Greenlanders' in Icelandic), were the first Europeans to explore and temporarily settle North America .
The Nordic countries (also known as the Nordics or Norden; lit. ' the North ') [2] are a geographical and cultural region in Northern Europe and the North Atlantic.It includes the sovereign states of Denmark, Finland, Iceland, Norway [a] and Sweden; the autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland.
Erik Thorvaldsson [a] (c. 950 – c. 1003), known as Erik the Red, was a Norse explorer, described in medieval and Icelandic saga sources as having founded the first European settlement in Greenland.
Kim Kimsenphot/GettyThere was a time, not so long ago, that Iceland seemed like a whimsical, far-flung, and maybe slightly bizarre place to take a vacation. When you told them about your trip ...
Overwintering in Iceland, Erik sets sail again intending to colonize Greenland. His expedition has 30 ships, but only 14 reach their destination. Erik founds a colony at Brattahlid in the Southwest of the island where he becomes a respected leader. Erik and Thjodhild have three sons, Leif, Thorvald, and Thorstein, and a daughter named Freydis.