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Economy

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Faroese premiere claims sanctions damaging economy

The stand-off between the Faroe Islands and the EU over fishing quotas is showing no signs of easing off. The Faroese government remains at loggerhead...

Faroe IslandsMarch 10, 2014
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Iceland: Central bank governor could be replaced

Iceland has advertised the central bank governor position after current governor Már Guðmundsson questioned the government’s decision to go ahead with...

FinanceFebruary 27, 2014
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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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Google DeepMind invests in Icelandic gaming studio for AI research

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Finland sees Uber Eats food delivery service soft launch in country

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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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