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...
Business
Information and news on Business and Finance related issues
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...
Russia approves 64 billion ISK loan to Iceland
The Russian government has decided to approve a loan to the Icelandic government up to 64 billion Icelandic kronur (500 million USD). According to the...
Students happen across major archaeological find in Denmark
It was a very exciting day when archaeology students from the University of Aarhus unexpectedly uncovered a cache of bones from some 200 bodies dating...
The Icelandic government is not responsible for Icesave
In an interview this evening at the TV station “Skjar Einn”, former Prime Minister and chief of the Icelandic Central Bank David Oddsson stated that t...
Belgians to receive reimbursements from Kaupthing this week
Around 16,000 Belgians that had deposits and balances in Luxembourg’s Kaupthing branch will be expected to receive reimbursements later this wee...
Investment opportunities in the largest country in the world can be even bigger
On Tuesday in the Russian capital of Moscow, President Barack Obama had a meeting with a Russian Prime Minister Vladimir Putin, offering a true partne...
Icelanders look into investments in Belarus
A group of Icelandic businessmen from five companies in Iceland traveled to Belarus to research and learn more about possible investments in the count...