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Economy

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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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Iceland looks to future with AIIB membership

Iceland can look forward to future opportunities after announcing that it is to be a founding member of the Asian Infrastructure Investment Bank (AIIB...

BusinessApril 21, 2015
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Greenland’s brain drain to Denmark continues

Greenland, boasting untapped gas and oil resources, looked to have finally found a way of preventing its most talented citizens leaving for Denmark ju...

GreenlandApril 7, 2015
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