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Iceland's biggest music festival goes ahead despite banking crisis
the downtown area it's usually in a really festive mood during the festival, mr stephensen said .
a music festival in icelanned is hoping to lift the gloom of the country's economic crisis, despite being hit by severe cash problems itself .
biffy clyro, vampire weekened and css are due to have adline the iceland airwaves event in reykjarvik .
'not a musual situation' we have a longstanding working relationship with most of the agentry's .