Icelandic volcano eruption 'stabilising' after thousands evacuated

A four kilometre-long fissure has opened up in the ground in an area expected to see frequent eruptions in coming years.

Transcript

00:00 A volcano erupted in southwest Iceland on Monday after weeks of intense earthquake activity.

00:07 On Tuesday, its power appeared to be declining, according to the Icelandic Meteorological

00:13 Institute.

00:15 An evacuation of nearly 4,000 people out of the fishing town of Grindervik had already

00:20 taken place over recent days.

00:22 There have been several eruptions in unpopulated areas in the peninsula over the last four

00:28 years and points to a tectonic instability in the region.

00:32 (whooshing)