Iceland and Bulgaria compete to pamper
Although Iceland has the highest number of mineral springs in the world, according to spa experts, Bulgaria may soon emerge as the most popular countr...
Business
Information and news on Business and Finance related issues
Finland PM headed to South Korea and Japan
The Prime Minister of Finland, Matti Vanhanen recently announced plans to visit both Japan and South Korea in the near future. According to reports by...
Lithuanians unite in Iceland
Last Saturday, immigrants from Lithuania met in Reykjavik as part of an establishing congress. According to reports in the Baltic Course, Lithuanians ...
Actavis pharmaceuticals strengthens retail presence in Australia
Actavis, a generic pharmaceuticals company based in Iceland, has signed a distribution agreement for a number of retail products with Australian compa...
Icelandic CDS levels keep falling
Credit default swap (CDS) levels on Icelandic banks have fallen considerably following credit agreements between Iceland and the central banks of Swed...
Offshore savings bank releases fixed rate bonds
Isle of Man based savings bank, Bradford & Bingley International, has launched two new fixed rate bonds. A limited edition one year bond (Fixed Ra...
Nordic banks boost Icelandic economy
Three Nordic central banks have lent Iceland credit of up to 1.5 billion euros ($2.3 billion) to strengthen the country‘s foreign currency reserves, r...
Glitnir closes covered bond in Norway
Glitnir Bank in Norway recently announced it had successfully closed a covered bond issue of NOK 7 billion (approximately EUR 900 million). The Icelan...