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Economy

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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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Iceland bank wants loan extension

Iceland’s state-run Landsbanki bank wants to renegotiate the conditions of a £1.5bn bond in an effort to slow payments to other countries’ governments...

FinanceOctober 4, 2013
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Finland: number of overnight stays by foreign tourists rises in July

The number of nights that foreign tourists stayed at Finnish accommodation establishments went up to nearly 747,000 in July, a rise of 1.9 per cent fr...

FinlandOctober 3, 2013
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HB Grandi orders two new fishing boats

Icelandic fishing firm HB Grandi has agreed a deal to buy two new pelagic fishing boats. The first is due to be delivered early in 2015, while the nex...

IcelandSeptember 30, 2013
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Icelandic PM says UK banks risk collapse

Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson has said that the UK has not learnt from the global financial crisis and is now faced with the s...

FinanceSeptember 27, 2013
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Iceland not faced with mackerel sanctions yet

Iceland’s head negotiator over mackerel quotas Sigurgeir Þórgeirsson has described talks on the dispute as constructive. He gave little away about a m...

IcelandSeptember 21, 2013
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