Foreign exchange market
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: Because of the unusual circumstances that arose in the Icelandic banks’ operations in October, interba...
Politics
Information and news on politics in Iceland, Scandinavia and Northern Europe
Russian and US chiefs meet in Finland
As a result of the brief August war between Russia and Georgia, the US and Russia agreed to meet in Finland to try and find some common ground as the ...
‘British offer to guarantee Icesave declined by Iceland Central Bank’
Bjorgolfur Thor Bjorgolfsson, a major shareholder of Landsbanki, said this week that deposits with the collapsed savings brand Icesave could have been...
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...
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...