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Economy

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Board of Directors of SPRON charged with breach of trust

The Office of the Special Prosecutor in Iceland has charged the Board of Directors of SPRON, the country’s largest Savings Banks, which collapsed duri...

FinanceOctober 10, 2014
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Norway may be cashless society by 2020

A leading Norwegian financial organisation has said the country is on course to becoming a cashless society by 2020.

NorwayJuly 26, 2014
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Former Kaupthing bosses charged with fraud

  The former chief executive and chief financial officers of Kaupthing have been charged with fraud and breach of trust by Iceland’s special pros...

BusinessJuly 13, 2014
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Plans to merge Icelandic fishing companies

Two of Iceland’s biggest fishing companies, which represent catchers and processors, are considering a merger to form a more powerful organisation wit...

IcelandJuly 11, 2014
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Iceland plans euro bond sale

Iceland is planning to sell its first euro bond since 2006, moving away from the US dollar funding it has been dependent on since its economy crashed ...

FinanceJuly 10, 2014
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Reduced quota affects HB Grandi earnings

A reduced capelin quota has resulted in less earnings and operating profits for Icelandic trawler firm HB Grandi over the first three months of 2014.

IcelandJune 7, 2014
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Iceland and China announce start date of FTA

The free trade agreement (FTA) between Iceland and China, which was signed last month, will officially begin on 1 July.

IcelandMay 28, 2014
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Icelandic premier says LBI will not be exempt from restrictions

Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has insisted that failed bank LBI hf will not be exempt to the country’s capital controls.

FinanceMay 27, 2014
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Recent Posts

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Google DeepMind invests in Icelandic gaming studio for AI research

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Longest and highest bridge in Finland opens to the public

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Festival in Denmark Roskilde aims to pledge funds for youth and cultural initiatives

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