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Economy

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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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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...

FinanceJuly 15, 2013
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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 ...

FinanceJuly 8, 2013
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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...

SocietyJune 21, 2013
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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...

IcelandJune 12, 2013
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Longest and highest bridge in Finland opens to the public

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