Delegates from the UK Government in Iceland to talk finance crisis
Talks have started in Reykjavik about the fate of the UK’s Icesave savers and the Icelandic government is apparently willing to meet the obligat...
Norway’s sovereign “oil fund” takes heavy hit
In a crippling ripple effect of the Wall Street market meltdown, Norway’s special “oil fund” may have lost nearly all of its profits garnered over the...
Students in Norway cheating financial aid system
Evidence has come to light that some Norwegian university students are cheating the system. It would appear that the students are collecting student a...
New Glitnir directors in Chile and Peru strengthen seafood team
Glitnir has appointed two new business directors for Chile and Peru, as part of a move to strengthen its global expertise within the seafood industry....
Roskilde shares slide after Danish central bank bailout
Denmark’s first bailout by its central bank in over 15 years came to the rescue of Roskilde Bank A/S on the back of bad loans made to home builders. S...
Central Bank of Sweden raises rates
The Riksbank, Sweden’s central bank, has raised the interest rate to 4.5 per cent, it’s highest in 12 years, and has suggested it could go higher. The...
British and Icelandic economies closely linked
Since January, the value of Iceland’s currency has fallen considerably and international confidence in the country’s banks to cover their foreign debt...
Iceland interest rates unchanged
The Central Bank of Iceland’s board of governors met last week to consider the country’s interest rate and announced that the current rate of 15...