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Economy

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Agreement reached for Northeast Atlantic mackerel quotas between Norway, Faroe Islands, UK

A new agreement has been reached between Norway, the Faroe Islands, and the UK that outlines mackerel quotas between the countries in the Northeast At...

Faroe IslandsJune 20, 2024
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Stunning Image from Iceland Chosen as NASA’s Astronomy Picture of the Day

A stunning image from Iceland has been chosen as NASA’s Astronomy Picture of the Day. The video, captured this winter at the Arctic Henge in Rau...

IcelandMay 30, 2024
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Norway’s wealth fund fails to meet benchmark for first time in five years

For the first time in five years, Norway’s wealth fund has failed to its benchmark due to losses in the real estate market. The fund, which totals $1....

BusinessJanuary 30, 2024
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Compensation for Brexit payed out to Denmark

A total of 1.2 Billion Danish Krone has been paid out to Danish fishing operators due to the fallout from the effects of Brexit on Denmark’s fishing i...

BusinessJanuary 3, 2024
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Tourism in Faroe Islands: Fees to be introduced for tourism hotspots

Due to the large number of tourists visiting the Faroe Islands, farmers have started asking for fees to visit private lands. Every year, the Faroe Isl...

Faroe IslandsDecember 20, 2023
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Norway’s benchmark interest rate raised by 25 points by country’s central bank

In a surprise decision, Norway’s benchmark interest rate has been raised by 25 points by the Norwegian central bank to persistent inflation. A decisio...

NorwayDecember 18, 2023
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1000 Krone note removed from circulation in Denmark

Denmark’s 1000 Krone note is set to be removed from circulation by May 2025, the Scandinavian country has recently announced. Director of Nationalbank...

DenmarkDecember 5, 2023
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Frosty Hair, Warm Hearts: The Unique Tradition of Icelandic Hotpot Conversations

In the land of fire, ice, and ethereal Northern Lights, a unique Icelandic tradition thrives, symbolizing the warmth and resilience of this island nat...

IcelandNovember 21, 2023
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Recent Posts

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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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