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...
Johan Sverdrup oil field listed as Norway’s largest oil discovery
The Johan Sverdrup oil field, west of Stavanger, Norway, has been listed as the largest Norwegian oil discovery since the beginning of the Millennium.
Iceland cleared of all claims in Icesave dispute
This morning at a hearing in Luxembourg, the EFTA Court rejected all claims made by the EFTA Surveillance Authority against the Icelandic state in the...
Greenland denies EU’s rare earth limits
Greenland’s premier has said that the EU won’t be given preference over China as the country seeks to exploit its rare earths deposits. Prime Minister...
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...
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...
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.
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...