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Economy

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Protests over Iceland’s whale meat shipment to Japan

Environmentalists are protesting an Icelandic whaling company’s shipment of fin whale meat to Japan, insisting that it goes against international cons...

EnvironmentMay 23, 2015
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Icelanders looking for 50% pay rise

About one-third of Iceland’s workforce are demanding to receive pay rises of as much as 50 per cent, in a move that threatens to have major consequenc...

IcelandMay 20, 2015
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Iceland’s central bank likely to increase interest rates

Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...

FinanceMay 19, 2015
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Norway’s 2015 GDP growth prediction slashed

Economic outlook for mainland economy in Norway isn’t looking quite as rosy as original hoped, with the minority government proposing a revision to th...

NorwayMay 18, 2015
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Mackeral quota bill draws big petition

The Alþingi is under pressure to reconsider a bill that will significantly alter the mackeral quota, which will set limits for the next five years. An...

IcelandMay 13, 2015
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National strike action snowballs.

More people have joined the strike action that is gripping Iceland, as CR Trade Union, the Icelandic Nurses Association and  Flóabandalagið (the Comme...

IcelandMay 12, 2015
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Vet strike leads to Iceland burger crisis

A veterinarian strike in Iceland is leaving burgers lovers in the country faced with the possibility of not being able to get a hold of their favourit...

IcelandMay 11, 2015
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Progressive Party member: EU membership referendum ‘unlikely’

A referendum on whether Iceland should join the European Union (EU) is unlikely to take place, according to Progressive Party member Karl Gardarsson. ...

European UnionApril 24, 2015
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