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Economy

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Iceland MP speaks against high taxes on imported goods

Guðlaugur Þór Þórðarsson, a member of parliament for the opposition’s Independence Party (Sjálfstæðisflokurinn) took a stance against high taxes on go...

BusinessFebruary 27, 2013
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Norwegian economy grows 3.5% in 2012

Norway’s economy overcame external pressures and managed reasonable growth last year, according to the latest figures from Statistics Norway. Official...

NorwayFebruary 25, 2013
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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.

IcelandFebruary 24, 2013
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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...

FinanceFebruary 21, 2013
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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...

FinanceFebruary 19, 2013
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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 ...

FinanceFebruary 16, 2013
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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...

DenmarkFebruary 15, 2013
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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...

IcelandFebruary 12, 2013
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