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Economy

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Iceland moves further away from joining EU

Icelandic Foreign Minister Gunnar Bragi Sveinsson announced last Thursday that the North Atlantic nation had suspended European Union accession discus...

European UnionSeptember 19, 2013
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Sweden has major ATM shortage

Sweden has the second lowest density of cash machines in the EU, with 645 of them being made obsolete in the past two years alone.

SwedenSeptember 19, 2013
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Iceland economy expands in first half of 2013

Iceland’s economy grew during the first six months of 2013, helped by exports and consumer spending, revealed data from Statistics Iceland. Gross dome...

IcelandSeptember 11, 2013
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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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