@Pilow Cool, you have now taught me something new, again 
I find it very interesting that there is hosting business on these islands, I kind of expected everyone to use the cloud since it would be expensive to establish a datacenter precense on those islands.
Prices do seem expensive, im in Sweden and we have a lot of fiber and ip-transits here.
We pay about €300 per month for 10G CWDM between our datacenters, €550 for redundant (2 paths). Distance is about 10-20km.
IP-transit depends on the provider, we have 3 different ones, and we have different "deals" from each one of them. We mostly do 1G with 100-200Mbit/s but from our main provider which is 10G with a 1G traffic commit we pay about €375 per month. This price is mainly because I know one of the guys who works there + we're a big customer of theirs.
For comparison we pay about €300 for the other 1G with 100Mbit traffic commit...