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Economy

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Moody’s upgrades Iceland credit rating

Moody’s Investors Service announced, Monday, that it had moved the country’s credit rating up a notch to Baa2, citing an improved outlook to the...

FinanceJuly 3, 2015
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Iceland’s central bank raises rates

Iceland’s central bank Sedlabanki raised its key interest rates by 50 basis points after ending capital controls and seeing positive domestic demand. ...

FinanceJune 11, 2015
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Iceland to lift capital controls

Iceland looks set to end its capital controls following a parliament vote in favour of tightening financial regulations. The Icelandic government has ...

FinanceJune 9, 2015
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Iceland repays debt owed to Poland

Iceland is ready to pay the 50 million euros it owes the Polish government – money that was paid in the wake of the 2008 financial crisis. Icelandic F...

IcelandMay 28, 2015
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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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Denmark sees IKEA reduce prices to regain growth momentum

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Echolalia festival announced by Björk ahead of solar eclipse in Iceland

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Storm Dave in Sweden: 30,000 homes left without power

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