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...
International
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Central Reykjavik hotels the best way to bond with Iceland
How can you say you have experienced Reykjavik if all you did was visit downtown a few times from your soulless hotel a 20-minute bus ride away in the...
New Kaupthing and Islandsbanki recapitalisation announced
Further to the announcement of 20 July 2009 and following shareholder meetings of Islandsbanki and New Kaupthing today, the Government of Iceland is p...
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...
Finland discusses granting Guantanamo prisoners asylum
Finland is considering giving political asylum to former prisoners at Guantanamo Bay, which is due to be closed down by the United States. The base wi...
Nordic piracy strikes Finnish cargo ship
Recalling the days of Viking raids, an act of piracy occurred in Swedish waters involving a Finnish cargo ship crewed by Russians. At first glance, an...
Advantages and disadvantages of changing Iceland’s monetary policy framework
From the Central Bank of Iceland: The Prime Minister of Iceland has requested the Central Bank to assess the advantages and disadvantages of changing ...
Whaling season in Iceland “a success”
Iceland’s whaling quota this year is coming close to being reached, but according to Managing Director of the Association of Minke Whalers Gunnar Jons...