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Economy

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Compensation for Brexit payed out to Denmark

A total of 1.2 Billion Danish Krone has been paid out to Danish fishing operators due to the fallout from the effects of Brexit on Denmark’s fishing i...

BusinessJanuary 3, 2024
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Tourism in Faroe Islands: Fees to be introduced for tourism hotspots

Due to the large number of tourists visiting the Faroe Islands, farmers have started asking for fees to visit private lands. Every year, the Faroe Isl...

Faroe IslandsDecember 20, 2023
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Norway’s benchmark interest rate raised by 25 points by country’s central bank

In a surprise decision, Norway’s benchmark interest rate has been raised by 25 points by the Norwegian central bank to persistent inflation. A decisio...

NorwayDecember 18, 2023
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1000 Krone note removed from circulation in Denmark

Denmark’s 1000 Krone note is set to be removed from circulation by May 2025, the Scandinavian country has recently announced. Director of Nationalbank...

DenmarkDecember 5, 2023
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Frosty Hair, Warm Hearts: The Unique Tradition of Icelandic Hotpot Conversations

In the land of fire, ice, and ethereal Northern Lights, a unique Icelandic tradition thrives, symbolizing the warmth and resilience of this island nat...

IcelandNovember 21, 2023
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Denmark to introduce tax on air travel to help aviation industry’s sustainability efforts

Last Thursday, Denmark announced that it will be introducing a tax on air travel in order to help the aviation industry’s sustainability efforts. It’s...

BusinessNovember 12, 2023
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Travelling to Iceland Amidst Volcanic Activities: Still a Safe and Unique Experience

Despite recent seismic activities near Grindavík, Iceland remains a safe and compelling destination for tourists worldwide. Understanding the Current ...

IcelandNovember 11, 2023
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Update: Unprecedented Seismic Activity Raises Concerns in Grindavík, Iceland

Update: Grindavík on High Alert: Seismic Activity Sparks Evacuation and Emergency Measures The serene town of Grindavík on Iceland’s Reykjanes P...

IcelandNovember 10, 2023
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Recent Posts

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Iceland Airwaves announces first wave of artists for 2026 festival

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AI in Europe: Sweden emerges as one of the region’s top AI adopters

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Mette Frederiksen reappointed Denmark’s caretaker prime minister by King Frederik X

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Norway boosts WHO Health Contingencies Fund with NOK 50 million after Ebola crisis

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Icelandic Fintech Advise Secures $1.2M to Fuel Nordic Expansion with AI Financial Tool

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