The Yule Lad of the Day -  - Bjúgnakrækir - Sausage-pilferer Starting December 20, this Yule Lad is after your sausages until January 2. Also called "Sausage Swiper"

More on Christmas in Iceland

Here is a rather graphic look at making Icelandic sausage. Don't like looking at meat? Don't watch this video!:

For the budget traveler, every day is Christmas in Iceland right now, as prices remain extremely low in the financially-challenged country. Iceland Air is running a "13 Yule Lads Holiday Giveaway" with a chance to win prizes daily and a shot at the Grand Prize of a trip to Iceland, including airfare, hotel, and the Grand Circle tour. No purchase is necessary to enter; winners will be announced January 5th.