Iceland central bank: krona will never float again
The head of Iceland’s central bank has said that floating the krona without the use of controls is never likely to happen again.
Fitch upgrades Iceland’s credit rating
Fitch has further upgraded Iceland’s sovereign credit rating amid the country’s ongoing economic recovery. The agency announced last week that the isl...
Norwegians’ personal finances on the rise
New figures have revealed that the personal bank accounts of Norwegians are looking healthier than ever before. According to the latest report from St...
Iceland’s Kaupthing resolves Qatari dispute
Reykjavik-based bank Kaupthing has announced the resolution of its longstanding dispute with Qatari investor Sheikh Mohammed bin Khalifa bin Hamad Al ...
Denmark sees biggest stock market plunge since 2008
Denmark’s benchmark stock index plummeted on Monday 11 February, marking the biggest tumble for the Copenhagen Stock Exchange since 2008. The Copenhag...
Iceland reduces mackerel quota by 15%
Iceland’s government has substantially reduced the country’s mackerel quota for 2013. Officials from the Icelandic Ministry of Industries and Innovati...
Iceland leaves inflation rate unchanged in January
Iceland’s rate of annual inflation saw no change in January, Bloomberg Businessweek reported. Analysts in Reykjavik said that the news comes largely a...
Former Glitnir Bank head indicted in Reykjavik
The former boss of Glitnir Bank has been formally indicted for tax evasion, Icelandic officials announced on Monday 4 February. Charges against Bjarni...