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Economy

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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 keeps rates unchanged after supporting króna market

Iceland’s central bank Seðlabanki has kept its interest rate the same for a seventh meeting in a row after it intervened in the currency market. 

FinanceOctober 12, 2013
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Iceland to cut film fund

Iceland’s filmmakers have been left shocked by the news that the country is set to cut its national film fund budget by about 40 per cent. The plans, ...

EntertainmentOctober 9, 2013
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Gangs in Sweden: Age of criminal responsibility possibly reduced from 15 to 13

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Norway and European Union review progress of Green Alliance at annual meeting

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New Gambling Act signed in Finland, ready for 2027

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Sweden and Norway decline Trump’s Board of Peace invitation

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Faroe Islands and Iceland begin fishing quota negotiations for 2027

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