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...
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...
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...
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...
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 ...
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...
Blue Lagoon Iceland Takes Proactive Step Amid Seismic Activity, Announces Temporary Closure
Blue Lagoon Iceland has announced a temporary suspension of operations across its renowned geothermal spa and associated facilities in a decisive move...
$34 billion loss recorded during Q3 for Norway’s sovereign wealth fund
It was recently recorded that Norway’s sovereign wealth fund lost 33.80 billion in the third quarter of 2023 due to heavy drops in the value of ...