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Economy

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Greenland looks to Denmark for mineral investment

Greenland’s top politician has encouraged Copenhagen to invest in his country ahead of an imminent boom in developing local mineral resources.

DenmarkNovember 29, 2012
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Central bank raises Iceland interest rates

Iceland’s central bank has opted to raise the country’s primary interest rate by 0.25 percent. Officials from Sedlabanki said that the move comes amid...

FinanceNovember 26, 2012
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Icelandic government responds to mackerel debate

Both Iceland’s ambassador to the United Kingdom and the chief negotiator  on mackerel fishing have issued statements today in regards to the ong...

EnvironmentNovember 21, 2012
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Iceland key partner in extensive development project on geothermal energy

Össur Skarphéðinsson, Minister for Foreign Affairs of Iceland, presented today the most extensive development project Iceland has participated in. It ...

EnergyNovember 9, 2012
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Iceland looks to prevent mortgage bubble burst

The Icelandic government is looking to ensure that its housing market does not become the country’s next financial liability after the 2008 banking co...

FinanceNovember 7, 2012
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Watchdog: ‘Icelandic banks dealing with uncertainty, risk’

Iceland’s financial whistleblowing agency has said that state-backed Icelandic banks are operating under uncertainty and a number of risks.

FinanceNovember 6, 2012
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Local council in England recoups more losses from Iceland banking collapse

The local council in Wiltshire, England, has been compensated for almost half of its losses suffered in the 2008 banking crash in Iceland.

BusinessOctober 20, 2012
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British investigators abandon inquiry into Iceland’s Kaupthing bank

Fraud investigators in the UK have dropped a probe into the collapse of Reykjavik-based Kaupthing bank due to a lack of evidence.

BusinessOctober 17, 2012
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