Iceland puts up interest rate to 18%
The Central Bank of Iceland has announced that the key interest rate will increase by 6% to 18%. The bank recently lowered the rate by 3.5% from 15.5%...
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Copenhagen needs dikes to protect it from rising sea levels
A recent report by the Organisation for Economic Cooperation and Development (OECD) recommended that Copenhagen build a number of dikes along its coas...
Norway officially bans all cluster weapons
Joining a group of 108 other nations, Norway has sent a proposal to its national parliament to destroy all of its existing cluster munitions and ban t...
Economic crisis bogies Sweden’s golf courses
In difficult economic times, luxury items are usually the first things to go. Golf clubs across Sweden are feeling the pinch as duffers keep their iro...
Actavis pharmaceuticals unaffected by Iceland crisis
Pharmaceutical giant Actavis has released a statement saying it’s business as normal for the global generic drugs company. Actavis has said that its o...
Sweden threatens to get tougher on crime
According to a new report from the Swedish government, the country needs to crack down on crime by handing out harsher punishments for violent crimes ...
Norway’s famed Hurtigruten shipping line in distress
More bad news came this week as crew members of the MS Vesteralen were informed that their ship would be removed from service when it returns to port ...
Icelandair offer cheap winter flights from Boston and New York
With the dramatic rise in value of the US dollar against the Icelandic krona, American visitors to Iceland now have nearly twice the spending power co...