Norway refuses to cut oil output
Despite the dramatic decrease in the price of a barrel of oil from its peak near USD 150 a few months ago, Norway has emphatically stated it has no pl...
Politics
Information and news on politics in Iceland, Scandinavia and Northern Europe
PM’s Office: The Faroe Islands Come to Iceland’s Aid
PRESS RELEASE FROM THE ICELANDIC PRIME MINISTER’S OFFICE: The Faroe Islands have offered Iceland a loan of DKK 300 million. The offer was put fo...
Norway officially bans all cluster weapons
Joining a group of 108 other nations, Norway has sent a proposal to its national parliament to destroy all of its existing cluster munitions and ban t...
Sweden threatens to get tougher on crime
According to a new report from the Swedish government, the country needs to crack down on crime by handing out harsher punishments for violent crimes ...
Iceland takes decisive action with the launch of an economic stabilisation plan in conjunction with the IMF
PRESS RELEASE FROM THE ICELANDIC PRIME MINISTER’S OFFICE: The Icelandic Government has reached an agreement ad referendum with a mission from th...
IMF: fiscal stability imperative for Iceland
The press conference held by the IMF delegation in Iceland this afternoon stressed the point that presently data is being gathered to evaluate the sit...
Update: Icelandic government opposition not happy
The opposition of the Icelandic government is not happy with the outcomes of the negotiations with the IMF delegation in Reykjavik today.
Breaking News: IMF discusses help to Iceland
Bjorgvin G. Sigurdsson, the Minister of Trade, Thorgerdur Katrin Gunnarsdottir, the Minister of Education, Science and Culture, Arni Mathiesen, the Fi...