Swedish GDP increases in fourth quarter of 2007
Statistics Sweden recently announced that the country’s gross domestic product (GDP) increased 2.8 percentage points in the fourth quarter of last yea...
Business
Information and news on Business and Finance related issues
Evli bank takes on Russian market
In an announcement made last week, Evli Bank in Finland said that it would be buying a significant stake into Avanko, a corporate financing firm, and ...
Iceland halts capelin fishing
Acting on the advice of Iceland’s Marine Research Institute (MRI), Einar K. Gudfinnsson, Iceland’s Minister of Fisheries, recently declared a sudden h...
BBI: Isle of Man savings bank launches offshore fixed rate bond
Bradford and Bingley International, an offshore savings bank, have announced the launch of a new one year fixed rate savings bond. The Fixed Rate Bond...
Icesave cuts interest rate on savings account
Icesave, a UK savings account offered by Landsbanki, last week lowered the interest rate on its popular savings account to 6.05 per cent. When emailin...
Iceland cannot adopt Euro with joining EU, says Stark
Jurgen Stark, a Member of the Executive Board of the European Central Bank, recently spoke in Reykjavik on the subject of Iceland joining the EU. Acco...
Corporate tax rate in Iceland reduced to 15%
The Icelandic government this week announced that it would lower the corporate tax rate in Iceland to 15%. The change applies for transactions during ...
Nordic bank Glitnir at Boston Seafood Show
Seafood specialists Glitnir Bank will be attending the The International Boston Seafood Show held next week in the US. The Boston Seafood Show is Nort...