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Economy

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North Korean economists quietly visit Sweden

North Korean trade delegates have recently visited Sweden to study the Nordic country’s economy and government.

InternationalOctober 13, 2012
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Iceland central bank boss loses salary lawsuit

The governor of Iceland’s central bank (Sedlabanki) has lost a court battle over a 2009 salary cut. The ruling came on Wednesday 3 October when a Reyk...

GeneralOctober 11, 2012
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Iceland readying for euro transition

Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports.

European UnionOctober 6, 2012
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European regulators: Iceland violated EU rules for Icesave clients

European regulatory officials have said that Iceland violated EU regulations amid its 2008 banking collapse. The European Free Trade Association’s Sur...

BusinessOctober 2, 2012
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Sweden takes top spot in Tim Berners-Lee web index

A new ‘state-of-the-web’ index by Sir Tim Berners-Lee has listed Sweden in first place, ahead of the United States. The new list from the World Wide W...

BusinessSeptember 17, 2012
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Valitor expands issuing and processing services for prepaid programs within European countries

Iceland-based multi-brand payment card acquirer Valitor has expanded its issuing and processing services for prepaid programs within European countrie...

BusinessSeptember 13, 2012
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Slowing Iceland inflation amid strong krona

The rise in value of Iceland’s currency has slowed the country’s annual inflation rate.

FinanceSeptember 10, 2012
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Iceland to add regulations before the removal of capital controls

Officials in Reykjavik are to introduce new rules for the movement of capital before lifting overall controls.

FinanceSeptember 3, 2012
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Echolalia festival announced by Björk ahead of solar eclipse in Iceland

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