Interest rate rises predicted for Sweden
The state-owned Swedish mortgage lender SBAB has advised that home owners will suffer reduced spending power under sharp autumn interest rate increase...
Business
Information and news on Business and Finance related issues
World’s oldest sex shop to close in Copenhagen
This March will see the closure of Blue Movie – the oldest sex shop in the world – due to financial difficulties. Supplying pornographic material sinc...
Nordea Bank target for malware
Customers who use Nordea’s online banking services have been warned by the bank that the facility may be the target of a malicious software programme....
Central Bank of Iceland lowers interest rates
The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) w...
Swedes working more under new sick leave rules
New rules governing sick leave introduced in 2008 have resulted in more Swedes returning to work earlier and reduced long-term sickness related absent...
Nordic economic outlook: the litmus test
An economic analysis written by Nordea, the Baltic and Scandinavian financial services group: At the threshold of the new decade it is clear that the ...
Finnish police arrest Hydroponic shop owners for promoting cannabis
A Finnish business that specialises in the sale of gardening equipment has been raided by local police under suspicions that the operation is delibera...
Norwegian Air carries 10 million passengers in 2009
Despite the economic downturn Norwegian Air has reported significant passenger growth for 2009 with an 18 percent rise from the previous year.