Sweden releases more details of huge auto bailout
As reported unofficially last week, Sweden’s government has now confirmed it has decided to bail out its crippled auto industry by providing emergency...
Business
Information and news on Business and Finance related issues
The adventurer’s way to rent a car in Iceland
Renting cars in Iceland can be a real bank breaker – even now with the weak krona. And the roads are often unsuitable for taking more than one person ...
Finnair planning huge staff cuts
Finnair, the national carrier of Finland, has announced plans to lay off nearly 1,700 cabin crew in a bid to cut costs and maintain profitability. Air...
Denmark considers ambitious rail expansion
The Danish government is considering investing 90 billion kroner in public transport over the next decade, with a particular focus on high-speed train...
Sweden to bail out its automakers
A report in the Swedish business press has disclosed that Sweden’s government is prepared to give a series of loans and loan guarantees worth billions...
Greenpeace activists try to board Danish-bound ship
Danish police arrested three activists from Greenpeace as they tried to board a cargo ship carrying coal bound for Denmark. The Nordic branch of Green...
The Government appoints Banking Expert
The Prime Minister’s Office has enlisted the services of Swedish banking expert Mats Josefsson, on a temporary basis. Mats Josefsson will succeed the ...
New Foreign Exchange Rules: Questions from International Investors, with answers; updates
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Central Bank of Iceland as received questions from international investors and has prepared answer...