Greenland and Faroe Islands agree shared fishing quotas for next year
Greenland and the Faroe Islands have agreed on how much Greenlandic fishermen can catch in Faroese waters in 2012, and how much the Faroese fishing fl...
Iceland keeps interest rates unchanged
The Central Bank of Iceland today decided to keep interest rates unchanged at 4.5 percent and the bank’s director said that a lot would have to ...
Norwegian ex-CBI chief has advice for Iceland
Norwegian economist and ex-temporary director of the Central Bank of Iceland, Svein Harald Oygard says other European nations could learn from Iceland...
MPs return to Icelandic parliament amid tough debate
Iceland’s parliament, Althingi, has reconvened today after its summer break. Over the next two weeks MPs will try to clear all business left ove...
Icelandic private consumption figures on the up
Growth in private consumption in Iceland has not been higher in the second quarter since before the 2008 banking crash, according to analysts and Isla...
180 Icelanders stuck on Greek island
Among thousands of stranded tourists across Greece, around 180 customers of the Icelandic travel agency Vita are currently stranded on Corfu, to the s...
Iceland fishing debate continues
The controversial changes to Iceland’s fishing quota system, currently being debated by the country’s parliament (Althingi), continue to c...
Controversial ‘big’ fishing bill hits Icelandic parliament
Johanna Sigurdardottir, the Prime Minister of Iceland, says that a statement from the finance ministry’s budgetary office criticising the new fi...