Føroya Banki wants to take the Icelandic bank SPRON over
Føroya Banki, a leading bank on the Faroe Islands, has shown interest in taking over SPRON (Reykjavik Savings bank), the last of the major Icelandic b...
Business
Information and news on Business and Finance related issues
Huge underwater gas find off Norway
HydroStatoil has made a major gas discovery off the coast of Norway that is getting those in the industry excited. The find was made in the Asterix pr...
More Scandinavian restaurants become culinary stars
After seeing two more of its restaurants given the prestigious Michelin star ranking this year, Copenhagen is confident that it remains the culinary c...
Finns united to tackle climate change
The people of Finland seem to be prepared to accept whatever political decisions its government needs to make to fight the growing threat of climate c...
Greenland marks Self Rule with major trade expo
To mark the beginning of its Self Rule in June, Greenland will host a major trade expo in the capital, Nuuk. Sermitsiaq reports that the trade fair wi...
Can Denmark claim the North Pole?
A seabed mapping expedition in the Arctic region has returned evidence that suggests Denmark has a strong claim to the North Pole thanks to its contin...
Sweden embarks on ambitious environmental plan
The government of Sweden has unveiled what is being touted as Europe’s most ambitious programme to cut its greenhouse gas emissions and improve its en...
Restructuring of Icelandic Savings banks
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Financial Supervisory Authority (FME) intervenes in operations of SPRON and Sparisjódabankinn. Governm...