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Finland’s president to visit Iceland President of Iceland calls for scrutiny of economic failure at Global Leadership Summit 2013 in London Riots shake Stockholm for three consecutive nights Central bank starts buying forex
 

Finland’s president to visit Iceland

The newly elected members of Iceland’s Althing will be welcoming the President of Finland as a guest during his state visit scheduled for May 28 and 29. The primary reason for his visit is a conference on the Arctic, to be held at the University of Iceland.

President of Iceland calls for scrutiny of economic failure at Global Leadership Summit 2013 in London

The President of Iceland, Ólafur Ragnar Grímsson has called for transparent scrutiny of the fundamental economic failures amongst European institutions during the recent Global Leadership Summit 2013 (GLS2013) at London Business School, UK.

Riots shake Stockholm for three consecutive nights

Violent protest went on three continuous days following last Sunday’s outbreak in Husby, district of Stockholm.  Cars and containers were set on fire in the riots triggered by a fatal shooting by police.

Central bank starts buying forex

In preparation for the unwinding of capital controls that have been in place since the 2008 banking collapse, Iceland’s central bank has started selling króna to secure sufficient foreign exchange as a buffer.

Overseas creditors might have to accept losses

22 May 2013

Foreign bondholders hoping to recoup their full investments in Iceland’s three collapsed banks will be eyeing the new government nervously. Anti-austerity election pledges have threatened to force accepted losses on them.

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Posted in Finance, Iceland0 Comments

Denmark’s unemployed to get benefits extension

21 May 2013

There’s relief for some 30,000 unemployed whose benefits were set to expire later this year. The government has decided to extend the benefits period to four years.

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Posted in Denmark, Society0 Comments

Nordic Store

Icelandic music festival Reykjavik Music Mess to take place this weekend

21 May 2013

The annual Icelandic music festival Reykjavik Music Mess is set to take place this weekend (May 24-26) at Volta and Kex Hostel in downtown Reykjavik, Iceland.

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Posted in Culture, Entertainment, Iceland, Lifestyle, Music0 Comments

Denmark wins Eurovision Song Contest 2013

21 May 2013

The Eurovision Song Contest 2013 which took place in Malmö, Sweden on Saturday night saw the victory of Denmark with the song “Only Teardrops” sung by twenty year old Emmelie de Forest.

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Posted in Denmark, Entertainment, Leisure, Music, Sweden1 Comment

Is Russian on its way to becoming Finland’s No. 2 language?

19 May 2013

Finland has steadily been filling up with Russian immigrants and if the trend continues, they will outnumber Swedish speakers as the largest language minority in the country.

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Posted in Finland0 Comments

Swede’s faith in Euro hits rock bottom

18 May 2013

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.

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Posted in Finance, Sweden0 Comments

Icelandair-UK

BBC blog uncovers why crime is scarce in Iceland

17 May 2013

In a recent blog posted on the BBC news magazine website, U.S. law student Andrew Clark uncovers why Iceland has some of the lowest crime rates in the world.

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Posted in Iceland, Society1 Comment

The Simpsons Season Finale to feature Sigur Rós and Iceland

17 May 2013

Icelandic band Sigur Rós will feature in The Simpsons Season Finale this weekend. The episode, which will see some of its main characters visit Iceland, will feature an entirely original score composed by the band – a first for the famous American adult sitcom now concluding its 24th season.

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Posted in Bizarre, Entertainment, Iceland, Music0 Comments

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