Scandinavian Airways trims workforce by nearly half
In the most dramatic instance of recent cutbacks in the aviation industry, Scandinavian Airways (SAS) has made the tough decision to axe 40 percent of...
Business
Information and news on Business and Finance related issues
Iceland president clarifies German savings position
STATEMENTFROM THE PRESIDENT OF ICELAND: Following a misleading report of an interview with the President of Iceland Olafur Ragnar Grimsson in the Fina...
Stoltenberg Report presented to Nordic Foreign Ministers
PRESS RELEASE FROM THE MINISTRY OF FOREIGN AFFAIRS IN ICELAND: Össur Skarphéðinsson, Minister for Foreign Affairs today received, on behalf of his Nor...
New improved banknotes coming to Denmark
In a bid to curb counterfeiting, the Danish government has announced it is creating new banknotes that contain the latest security measures. The Centr...
Poop-powered buses coming to Oslo
Biomethane, the gas created from human excrement, will soon be collected and used to power Oslo’s public transportation buses. This free and environme...
The banking crisis in Iceland in 2008
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Ingimundur Fridriksson Governor of the Central Bank of Iceland has prepared a paper about the banking ...
Swedish ships heading to fight pirates off Somalia
Sweden is set to send three of its naval vessels to the Gulf of Aden to help in the international effort to fight the scourge of piracy that has engul...
Investing in land property in Iceland
Investing in land property in Iceland is still very affordable. Southern Icelandic residential land is still being sold, being an ideal place for fami...