Troubles in Europe with the single currency have left a crisis of confidence as other European nations lose faith in ever adopting it as a currency. In Sweden a recent survey revealed just 9 per cent would welcome the euro in place of the krona.
Tag Archive | "euro"
Iceland readying for euro transition
Posted on 06 October 2012.
Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports.
Posted in European Union, Finance, General, Iceland, Icelandic PM´s office, PoliticsComments (15)
European Parliament calls for ‘informed EU discussion’ in Iceland
Posted on 15 March 2012.
The European Parliament yesterday ratified a committee report from February on Iceland’s EU accession talks. The report and parliamentary debate were generally positive on Iceland; although there is concern about the discussion surrounding the EU in the country.
Posted in European Union, Featured, Iceland, MBL, PoliticsComments (6)
Denmark vows cost efficiency for EU presidency
Posted on 15 January 2012.
Denmark has promised to run a tight and inexpensive ship during its EU presidency term.
Posted in Denmark, European Union, Featured, MBL, PoliticsComments (0)
Demark undecided on euro crisis
Posted on 14 December 2011.
Denmark’s prime minister is yet to decide whether to join an agreement between the 17 Eurozone countries and most other EU countries in a bid to save the troubled currency.
Posted in Denmark, European Union, Featured, General, MBL, PoliticsComments (1)
Central Bank of Iceland offers to buy Icelandic kronur
Posted on 24 May 2011.
The Central Bank of Iceland is advertising for the submittal of offers to sell Icelandic kronur for cash payment in foreign currency.
Posted in Business, Featured, General, Iceland, International, MBLComments (0)
Trade minister: Iceland must choose between euro and currency controls
Posted on 27 December 2010.
The Icelandic nation faces a choice between the single European currency or ongoing currency exchange restrictions and a relapse to a much simpler means of trade with the outside world if it keeps the krona. This is the opinion of Arni Pall Arnason, Iceland’s Minister of Economics and Trade.
Posted in Business, European Union, Featured, General, Iceland, MBL, PoliticsComments (26)
Union leader critical of Icelandic krona and monetary policy
Posted on 30 November 2010.
A quarter of Icelanders’ earnings are going straight into keeping the krona currency alive — according to the head of the Union of Icelandic Electrical Workers. He told reporters that Icelanders living in ‘Kronaland’ are working in a financial sweatshop.
Posted in Business, Denmark, Energy, European Union, Featured, General, Iceland, MBL, PoliticsComments (3)
