Tag Archive | "money"

Some companies in Iceland benefited from 83 percent debt write off

Investment and holdings companies in Iceland have had 83 percent of their debts written off since a law was passed on helping indebted individuals, households and companies following the 2008 banking crash up to 30th September last year.

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Denmark vows cost efficiency for EU presidency

Denmark has promised to run a tight and inexpensive ship during its EU presidency term.

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Bakers in trouble for undeclared dough

A series of raids by Denmark’s tax authority have revealed that a huge proportion of bakers are not declaring their ‘dough’.

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Posted in Business, Denmark, Featured, MBL, SocietyComments (3)

Icelandic króna surplus building fast

Foreign claimants on the estates of bankrupt Icelandic banks Kaupþing, Glitnir and Landsbanki will be paid recovered funds up to ISK 450 billion (EUR 2.82 billion) in Icelandic krónur in the next year or so, and they will not be able to convert into foreign currency.

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Elderly Finns executed in Brazil

A retired Finnish couple and their friend have been found shot dead in a sugar cane field near their winter home in Brazil.

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Posted in Featured, Finland, General, International, MBLComments (0)

2012 national budget approved by Icelandic parliament

Next year’s national budget bill has been approved by Iceland’s Alþingi parliament after a marathon voting session.

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Red Noses for sale, poor children to benefit

The sale of red noses began in Iceland this Friday, and it had nothing to do with the weather.

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Economists still question long-term future of Icelandic króna

An Icelandic economist says the Central Bank of Iceland’s intention to use investment as a way to reduce the risk associated with removing currency exchange restrictions is a good one; but that questions should still be asked about whether or not the Icelandic króna is a viable currency.

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