Danes are continuing to save money despite the economic crisis and interest rates close to zero, according to the latest figures from the country’s central bank.
Tag Archive | "economic crisis"
Danes saving despite low interest rates
Posted on 04 July 2012.
Posted in Denmark, Finance, MBLComments (0)
Clairvoyants cash in on economic crisis
Posted on 04 December 2010.
Soothsayers are enjoying unpredicted good fortune in Finland as the economic downturn and an increasingly hectic pace of life sends citizens searching for answers.
Posted in Finland, General, Lifestyle, MBL, SocietyComments (0)
Young job hunters desert Sweden for Norway
Posted on 31 July 2010.
As youth unemployment soars in Sweden, more youngsters are fleeing across the border to Norway in an attempt to find work. A quarter of Swedes aged between 15 and 24 now find themselves outside the labour market in their home country, with the ongoing economic crisis only making matters worse.
Posted in Business, Featured, General, MBL, Norway, Sweden, TravelComments (3)
Jon Asgeir Johannesson resigns as director of UK retailer House of Fraser
Posted on 14 May 2010.
The accused Glitnir bank fraudster, Jon Asgeir Johannesson has resigned as the director of the UK high street fashion retailer House of Fraser due to the USD 2 billion lawsuit against him, Financial Times reports.
Posted in Business, General, International, MBL, United KingdomComments (1)
Eimskip shipping company no longer sinking
Posted on 19 August 2009.
Eimskip, the largest shipping company in Iceland, announced yesterday that its 57 unsecured creditors have agreed to swap their loans for equity, according to The Financial Times. This has reduced the debt of Eimskip from EUR 1.6 billion to about 100 million. This makes Eimskip the first big Icelandic company in financial peril to secure [...]
Posted in Business, Iceland, International, MBL, PoliticsComments (1)
Haarde in Dublin: Ireland worse than Iceland
Posted on 22 June 2009.
Former Icelandic Prime Minister Geir H. Haarde visited Ireland last week with bad news for the ‘Celtic Tiger’, saying its economy will shrink more than Iceland’s this year.
Posted in Business, Iceland, International, MBL, PoliticsComments (33)
Belgians will help Volvo
Posted on 27 May 2009.
The regional government of Flanders in Belgium has confirmed that it will acquiesce to Volvo’s recent appeal for help. Volvo Cars CEO Stephen Odell met Kris Peeters, Flemish First Minister, on Monday for talks on how the government could provide requested loan guarantees to the car maker which operates a factory in Gent, The Local [...]
Posted in Business, International, MBL, Politics, SwedenComments (7)
Iceland finance ministry reports crisis past its worst
Posted on 13 May 2009.
The worst of the Icelandic kreppa (economic crisis) is potentially over already and better prospects can already be anticipated by the New Year. According to mbl.is, this is among the key points in an economists’ report published this week by the Icelandic Ministry of Finance introducing a national economic forecast for 2009-2014.
Posted in Business, Iceland, MBL, Politics, SocietyComments (36)
