OECD advise Iceland to tighten monetary policy
The Organization for Economic Cooperation and Development (OECD) has said that Iceland should raise interest rates to slow the rate of inflation, and ...
Sweden: greater unemployment rate amongst men
The difference between the male and female jobless rates in Sweden increased last year, with a higher number of men now unemployed, revealed figures f...
Iceland PM says debt could be written off this year
Iceland Prime Minister Sigmundur Gunnlaugsson has said that his country could strike an agreement with its foreign creditors to write off its debt bef...
Pressure mounts to ditch capital controls
The incoming government of Iceland is speculated to ease and remove currency controls before the market becomes too distorted, reports Bloomberg.
Swedes pay less tax than others
Sweden has long been considered one of the most taxed countries in the world, but the middle class in at least 19 other countries pay more of their in...
President of Iceland calls for scrutiny of economic failure at Global Leadership Summit 2013 in London
The President of Iceland, Ólafur Ragnar Grímsson has called for transparent scrutiny of the fundamental economic failures amongst European institution...
Central bank starts buying forex
In preparation for the unwinding of capital controls that have been in place since the 2008 banking collapse, Iceland’s central bank has started selli...
Overseas creditors might have to accept losses
Foreign bondholders hoping to recoup their full investments in Iceland’s three collapsed banks will be eyeing the new government nervously. Anti-auste...