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Economy

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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...

BusinessMay 25, 2013
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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...

FinanceMay 24, 2013
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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...

FinanceMay 22, 2013
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Swede’s faith in Euro hits rock bottom

Troubles in Europe with the single currency have left a crisis of confidence as other European nations lose faith in ever adopting it as a currency. I...

FinanceMay 18, 2013
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Risk in removing Iceland’s capital controls

Capital controls introduced in the wake of the 2008 financial crisis are becoming increasingly difficult remove due to the swelling amount of money he...

FinanceMay 15, 2013
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Danish government lowers corporate tax

Welcome news for investors is a decision by the Danish government to lower corporate and other business taxes gradually over the next three years.

DenmarkMay 13, 2013
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Arctic Council Ministerial Meeting to take place in Kiruna

On 15 May 2013 the Arctic Council will hold its biennial Ministerial Meeting in Kiruna in the north of Sweden. Approximately 300 people – ministers, d...

CanadaMay 2, 2013
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74 more jobs to go at Sonera

After months of deliberating, telecommunications firm Sonera finally announced its decision to reduce its staff by 74. Initially, talks were on since ...

FinlandMarch 25, 2013
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