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Economy

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Iceland: Bright future for fishing industry

Iceland’s fishing industry can look forward to a bright future despite the challenges it faces, according to a senior fishing executive.

IcelandFebruary 21, 2014
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Iceland prosecutor indicts ex-Landsbanki executives over loans

Two former Landsbanki chief executives have been indicted by Iceland’s special prosecutor for allowing it to guarantee loans despite lacking sufficien...

FinanceFebruary 5, 2014
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Economist: New debt writedowns would help Iceland growth

Iceland’s banks must continue writing down household and corporate debt to boost its economic recovery, a leading Reykjavik University economics profe...

FinanceJanuary 15, 2014
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London Mining seeks investment for Greenland exploration

British mineral company London Mining is seeking Chinese and other global investors to help it build an iron ore mine in Greenland territory just outs...

GreenlandJanuary 12, 2014
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Iceland bank to hold forex auction

Iceland’s central bank has announced that it will hold auctions in February where it will offer to purchase euros in exchange for treasury bonds or Ic...

IcelandDecember 30, 2013
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Seðlabanki keeps rates unchanged

Iceland’s central bank has kept its key interest rate at six per cent for the ninth rate-setting session in a row, citing low inflation and solid econ...

FinanceDecember 26, 2013
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Icelandic companies launch ‘Green Marine Technology’

Ten Icelandic ocean technology companies have launched Green Marine Technology – a marketing initiative focusing on eco-friendly solutions for fish pr...

EnvironmentDecember 14, 2013
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Icelandic bank executives sentenced to jail

Four former big names of Icelandic failed bank Kaupthing have been sentenced to prison by a court in Reykjavík yesterday for their involvement in mark...

FinanceDecember 13, 2013
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Iceland and Norway sign agreement with EU to boost secure connectivity

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Output of cucumber production in Finland hits new highs

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Elections in Denmark: PM Frederiksen’s bloc wins vote but falls short of majority

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Greenland saw Danish troops deployed in January over fears of a possible U.S. invasion

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Second Russian shadow fleet ship seized in Sweden

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