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...
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...
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...
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...
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.
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...
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...
Central Bank of Iceland closes last vault outside Reykjavik
The Central Bank of Iceland Seðlabanki has closed its last remaining vault outside the capital, Reykjavik. The move comes as part of an ongoing Seðlab...