Norway’s wealth fund fails to meet benchmark for first time in five years
For the first time in five years, Norway’s wealth fund has failed to its benchmark due to losses in the real estate market. The fund, which totals $1....
Compensation for Brexit payed out to Denmark
A total of 1.2 Billion Danish Krone has been paid out to Danish fishing operators due to the fallout from the effects of Brexit on Denmark’s fishing i...
Tourism in Faroe Islands: Fees to be introduced for tourism hotspots
Due to the large number of tourists visiting the Faroe Islands, farmers have started asking for fees to visit private lands. Every year, the Faroe Isl...
Norway’s benchmark interest rate raised by 25 points by country’s central bank
In a surprise decision, Norway’s benchmark interest rate has been raised by 25 points by the Norwegian central bank to persistent inflation. A decisio...
1000 Krone note removed from circulation in Denmark
Denmark’s 1000 Krone note is set to be removed from circulation by May 2025, the Scandinavian country has recently announced. Director of Nationalbank...
Frosty Hair, Warm Hearts: The Unique Tradition of Icelandic Hotpot Conversations
In the land of fire, ice, and ethereal Northern Lights, a unique Icelandic tradition thrives, symbolizing the warmth and resilience of this island nat...
Denmark to introduce tax on air travel to help aviation industry’s sustainability efforts
Last Thursday, Denmark announced that it will be introducing a tax on air travel in order to help the aviation industry’s sustainability efforts. It’s...
Travelling to Iceland Amidst Volcanic Activities: Still a Safe and Unique Experience
Despite recent seismic activities near Grindavík, Iceland remains a safe and compelling destination for tourists worldwide. Understanding the Current ...