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Economy

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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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Iceland homeowners get welcome boost

Iceland says it has launched a debt cancellation initiative for mortgage holders which is likely to benefit half the households in the country.

FinanceMay 21, 2014
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Denmark sees IKEA reduce prices to regain growth momentum

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Crisis preparedness in focus as Norway’s PM opens Nordic Council debate in Oslo

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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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