Parliamentary Investigative Committee report released today
The Parliamentary Investigative Committee, set up to investigate the Icelandic banking collapse, will release its report today.
IMF schedules second review of Iceland’s economic programme
Ministry of Finance press release: Agreement has been reached on a letter of intent for the second review under Iceland’s Stand-By Arrangement w...
Business innovation on the up in Iceland
Today, with the banks rather smaller than before, knowledge-based companies are again able to tap the talent which Iceland’s highly educated people ha...
Eimskip shipping company no longer sinking
Eimskip, the largest shipping company in Iceland, announced yesterday that its 57 unsecured creditors have agreed to swap their loans for equity, acco...
Saab sales in Sweden hit rock bottom
It’s not a good time to be a car dealer in Sweden. The lingering economic recession affected consumer car sales to the tune of a 13.9 percent drop in ...
High fashion fails to excite in Copenhagen
Copenhagen’s normally vibrant Fashion Week began with a yawn and ended with a whimper as all three of its main shows reported a sharp drop in attendee...
The Special Prosecutor of Iceland
In the wake of the meltdown of the Icelandic Economy and collapse of the country’s three largest Banks in October 2008, a new office was introduced in...
Swedish sports car maker Koenigsegg buys Saab
The bankrupt US carmaker, General Motors has signed a preliminary agreement with the Swedish sports car manufacturer Koenigsegg to purchase Saab. All ...