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Economy

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HB Grandi report good-sized mackerel catch

Icelandic fish production firm HB Grandi has reported that its most recent catch included good-sized mackerel. The skipper of the company’s Lundey NS ...

IcelandSeptember 10, 2013
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Iceland key interest rate unchanged, growth forecasts lowered

Iceland’s central bank has kept it key interest rate unchanged at six per cent while lowering its forecasts for growth. The country has now kept inter...

FinanceSeptember 1, 2013
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Denmark inflation at four-decade low

Denmark’s rate of inflation has dropped to its lowest level since 1967 as the country’s economy stagnated during the first quarter of the year. Headli...

DenmarkAugust 19, 2013
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Asian investors interested in Íslandsbanki

An Asian investment group is eyeing up Íslandsbanki, one of the financial institutions created after Iceland’s economy collapsed, offering a ray of ho...

FinanceAugust 17, 2013
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Mackerel and herring catch creates 170 jobs in Iceland

An Icelandic fishing company claims the large mackerel and herring catches this summer is creating as many as 170 summer jobs. HB Grandi has started i...

IcelandAugust 3, 2013
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EU to place sanctions on Iceland over mackerel catch

The EU is finally ready to place sanctions on Iceland over its increasing catch of mackerel and herring that have led to concerns of over-fishing.

European UnionJuly 31, 2013
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Iceland fish disease control ‘satisfactory’

The official controls regarding aquatic animal disease control in Iceland have been described as satisfactory following an EFTA Surveillance Authority...

IcelandJuly 26, 2013
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Iceland PM battles EU mackerel sanctions

Iceland’s prime minister has stated he believes that the European Commission will not enforce sanctions because of the country’s overfishing of macker...

Faroe IslandsJuly 17, 2013
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Gangs in Sweden: Age of criminal responsibility possibly reduced from 15 to 13

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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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