Fridrik Sophusson stepped down as director of Landsvirkjun
Fridrik Sophusson has stepped down as the director of the National Power Company of Iceland, better known locally as Landsvirkjun. He announced that h...
Business
Information and news on Business and Finance related issues
Credit card usage drops in Iceland
Credit and debit card use in Iceland has reduced considerably so far this year. Household credit card turnover rates dropped about 13.8 percent from J...
Danish defence budget gets major boost
The Danish government has decided to increase its defence budget over the next five years after three months of negotiating the deal. For the first ti...
First anti-piracy case enforced under new laws
The effects of April’s landmark new copyright laws in Sweden are beginning to emerge, as the first case related to copyright infringement has been hea...
Iceland International Airport tax refunds for duty free shopping
Keflavik International Airport, the biggest international gateway in Iceland, is both relaxing and exciting, with a comfortable artistic ambiance and ...
Norway calls off whale hunt this year
Norway’s main fish sales group has decided to call off the annual whale hunt along the country’s coasts this year due to a low demand for whale meat. ...
Court decides no retrial for Pirate Bay Four
The Swedish Court of Appeals has ruled that there will be no retrial in the case of the Pirate Bay file-sharing website. Claims were made that one of ...
Greenland asks to raise whale-hunting quota
As the International Whaling Commission (IWC) met in Portugal recently, Denmark requested on the behalf of Greenland to include 10 humpback whales in ...