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Economy

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Growth in exports contributing to Iceland economic recovery

Iceland’s economy rebounded in the third quarter of 2013, revealed figures from the country’s statistics agency. The North Atlantic nation’s gross dom...

IcelandDecember 12, 2013
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Iceland PM tells failed banks to pay up

Following his controversial announcement on November 30th to wipe 150 billion króna off household mortgage debt, the Icelandic prime minister now inte...

FinanceDecember 5, 2013
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IMF frowns at Iceland debt write-off plan

A plan to ease mortgage debts of every household in Iceland through a write-off has been criticised by the International Monetary Fund (IMF). An annou...

FinanceDecember 2, 2013
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Inflation up in Iceland this month

Statistics released this week have shown a 3.7 per cent increase in consumer price inflation year-on-year. This reverses a downward trend the previous...

IcelandNovember 28, 2013
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Forecast indicates Icelandic economic growth

The latest statistics from Iceland’s data analysts indicate the national economy should experience healthy growth over the next five years. Figures re...

IcelandNovember 25, 2013
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Issuing and acquiring services provider Valitor makes mark on global stage

The Iceland-based international card payment services provider Valitor has been making its mark on the global stage in recent years

BusinessNovember 18, 2013
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Icelandic finance minister: debt relief plans won’t affect budget surplus

Iceland’s household debt relief plans will not threaten the 2014 budget surplus, according to Finance Minister Bjarni Benediktsson.

FinanceNovember 8, 2013
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EU discuss mackerel quotas

European Union mackerel fishermen have held the first round of talks with EU Fisheries Commissioner Maria Damanaki over mackerel quotas issues in Brus...

Faroe IslandsOctober 25, 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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