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.
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 ...
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.
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...
Scandinavia fares well again in corruption index
Scandinavia remains among world’s least-corrupt regions, according to the 2012 Corruption Perception Index. The news comes via Berlin-based Transparen...
Scottish councils reimbursed by Iceland banks
Scottish councils have been reimbursed for the lion’s share of investments lost in the 2008 Iceland banking collapse. According to a Scotsman.com, a g...
Iceland central bank: interest rate could still rise
Officials from Iceland’s central bank have said that interest rates could rise further to compensate for increased wage settlements. The comments via ...
Norway sees unexpected growth in Q3
The Norwegian economy grew more than expected during the third quarter of this year, new data has shown. Figures released by Statistics Norway reveale...