Euro wanted as currency in Faroe Islands
The Faroe Islands currently use the Danish krone (DKK) as their local currency; however, the Sjalvstyrisflokkurin (Independence Party of the Faroe Isl...
Business
Information and news on Business and Finance related issues
Denmark holds the Russia – Denmark Caravan of Friendship
According to RIA RusBusiness News, in October 2009 Denmark will hold the “Caravan of Russia – Denmark Friendship” forum. The aim of the forum is to es...
Iranians selectively barred from Swedish universities
Sweden’s national security service, Sapo, has issued a warning that Iranian citizens studying at Swedish universities could have ties to their nation’...
Bjorgulfur Gudmundsson, the latest victim of the fallen banks in Iceland
The former majority owner of Landsbanki (parent to Icesave), West Ham and Samson holding has filed for bankruptcy. This is by far the biggest of its k...
Postponement of review of Economic programme in cooperation with IMF
Press release from the office of the Prime Minister of Iceland: In recent months, the Icelandic government has devoted concerted efforts to the first ...
Geothermal energy companies in Iceland and in Canada become partners
Magma Energy Corporation from Canada has announced that they will invest in the companies of Geysir Green Energy and HS Orka in Iceland, which are par...
New Government Agreement regarding Icelandic Banks
The government introduced an agreement with the bank’s resolution committee at a press conference today which was held in the National Theatre i...
Sweden’s Ericsson inks huge deal with US-based Sprint
Sweden’s massive communications company, Ericsson, has signed a deal with Sprint Nextel to take over the day-to-day management of the US telecom netwo...