UK pours hundreds of millions pounds into IceSave
The British authorities have decided to put GBP 800 million into the accounts of British depositors in IceSave, MBL reported. Alistair Darling, the Br...
Business
Information and news on Business and Finance related issues
The Central Bank of Iceland leaves its policy rate unchanged
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Board of Governors of the Central Bank of Iceland has decided to hold the Bank’s policy inte...
Denmark considering joining the eurozone
Denmark’s Prime Minister, Anders Fogh Rasmussen, has announced that he hopes a referendum will be called to decide whether Denmark should join the eur...
Payments intermediation proceeding more smoothly to and from the UK
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Payment intermediation to and from the United Kingdom is proceeding much more smoothly than before. Ho...
Scandinavian airline Sterling goes belly up
The latest budget airline to call it quits is Copenhagen-based Sterling, which announced on 29 October that it was cancelling all flights immediately....
Copenhagen gets radical new mega-mall
Copenhagen is planning to set another Nordic record by hosting Scandinavia’s largest shopping centre – despite the fact that Field’s is already in Cop...
Marel did not get any Icesave money
Capital from Icesave Holland was not used to finance Marel’s Food System purchase of Stork Fund Systems. According to Hordur Arnarsson CEO of Ma...
Greenland to the aid of its North Atlantic neighbour
Inuit Brotherhood, the Greenlandic political party, is calling on parliament to follow in the steps of the other territories of the Danish kingdom and...