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, ho...
Denmark vows cost efficiency for EU presidency
Denmark has promised to run a tight and inexpensive ship during its EU presidency term.
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’.
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 ...
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.
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.
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.
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 curre...