Finnair could trim up to 1,200 jobs
Like most airlines around the world, Finnair is struggling to find ways to cut costs as the number of global air travellers continues to slump. The Fi...
Greenland’s tourism industry faces bleak year
When the world’s travellers begin to feel the pinch of the global economic recession, exotic far-flung destinations are typically the first to suffer....
Volvo seeks survival loan from Belgium
After bailout talks with the Swedish government broke down, Volvo Cars has turned to the Belgian government for its help in securing a loan from the E...
Saab entertains buyout bids from three companies
The struggling Swedish automotive producer Saab is up for sale, and three bidders from different countries have emerged as the most likely winners in ...
Foreign Consultants Engaged to Represent State Interests
PRESS RELEASE FROM THE PRIME MINISTER’S OFFICE: At a meeting held on 3 February, the Government of Iceland approved a proposal from the Prime Mi...
Monetary Policy Committee
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Governor of the Central Bank of Iceland has decided that Thórarinn G. Pétursson, acting Chief Econ...
Gylfi Zoega: Icelanders should be more open
Gylfi Zoega, professor of Economics at the University of Iceland, said in an exclusive interview for IceNews, that reopening the market is essential f...
Heads of Iceland central bank say goodbye
David Oddsson and Eirikur Gudnason, the governors of the Central Bank of Iceland, said a fond farewell to bank staff at a meeting earlier today, MBL r...