Finland’s GDP to shrink two percent this year
The Finnish ministry of finance stated on its website that it expects the nation’s gross domestic product (GDP) to drop by more than two percent in 20...
Guardian readers point finger at Haarde
Icelanders were this morning surprised and somewhat amused to see that their Prime Minister, Geir H. Haarde was included on The Guardian’s list of the...
Denmark bails out its banks
Following the lead of many other countries around the world, Denmark’s government has agreed to extend a 100 billion kroner (USD 17.8 billion) credit ...
Iceland protests update
The significant protests that began at lunchtime yesterday are still going on outside the Althingi parliament in Reykjavik, despite it now being past ...
Swedish economy hits 30-year low
Sweden’s government has released data showing the nation’s economic growth has slowed to its weakest levels in more than 30 years. Anders Borg, Sweden...
Iceland December unemployment figures
Registered unemployed figures in Iceland in December 2008 were 4.8 percent, or around 7,902 people – an increase of some 45 percent on November, accor...
Saving Iceland: government must take big moves right now
The London School of Economics professor and Iceland expert, Robert Wade appeared on Iceland’s most popular political magazine programme Kastljos this...
Origins of the current economic downturn in Iceland
An article written by Georg Brynjarsson, sourced from his University of California research paper in business: After 5 years of the highest growth in ...