A new international literary prize, named after Nobel laureate Halldór Laxness, will be awarded for the first time at the Reykjavík International Literary Festival this April. The Prime Minister’s Office, the Ministry of Education and Culture, Promote Iceland, the Laxness Museum (Gljúfrasteinn), the Reykjavík International Literary Festival, and Forlagið—Laxness’ publisher in Iceland— teamed up to found this new prize, which carries a 15,000 euro award.