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Economy

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Iceland’s December fish harvest sees year-on-year increase

New figures have revealed that Iceland’s fishing industry brought in a larger catch in December 2012 than during the same month of 2011. In all, the c...

IcelandJanuary 26, 2013
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Mackerel removed from sustainable fish list amid fishing row

Conservationists have taken mackerel off the list of sustainable fish species amid overfishing and international political turmoil regarding fishing q...

IcelandJanuary 23, 2013
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S&P upgrades Finland’s credit rating

Finland’s AAA credit rating has been upgraded to stable, officials from Standard & Poor’s announced on 14 January.

FinanceJanuary 22, 2013
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Iceland central bank chief concerned over weak krona

The head of Iceland’s central bank has said that the country is uncomfortable with the state of its currency, as inflation continues to outpace its ta...

FinanceJanuary 20, 2013
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Weak retail sales in Norway to delay rate hikes

Slow consumer activity in Norway is likely to further convince officials to delay the interest rate increases planned for 2013.

NorwayJanuary 18, 2013
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Former Baugur head pleads not guilty

The former head of Icelandic investment group Baugur has pleaded not guilty to fraud charges relating to his actions leading up to the country’s 2008 ...

FinanceJanuary 10, 2013
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Iceland PM: capital controls may stay past deadline

Iceland’s Prime Minister has said that the island nation’s capital controls may need to remain in place beyond the 2013 deadline.

FinanceDecember 30, 2012
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Sedlabanki retains Iceland interest rate

The central bank of Iceland has opted not to change the country’s primary interest rate. Sedlabanki officials announced that the seven-day collaterali...

FinanceDecember 19, 2012
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Gangs in Sweden: Age of criminal responsibility possibly reduced from 15 to 13

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Norway and European Union review progress of Green Alliance at annual meeting

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New Gambling Act signed in Finland, ready for 2027

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Sweden and Norway decline Trump’s Board of Peace invitation

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Faroe Islands and Iceland begin fishing quota negotiations for 2027

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