Denmark announces corporate tax rate cut
Copenhagen is to trim Denmark’s corporate tax rate in order to attract new business amid an ongoing recession. Prime Minister Helle Thorning-Schmidt o...
Kaupthing issues first international bond since banking collapse
Reykjavik-based Arion Banki, formerly know as Kaupthing, has issued its first international bond since the Iceland’s financial collapse in 2008. Hösku...
Iceland MP speaks against high taxes on imported goods
Guðlaugur Þór Þórðarsson, a member of parliament for the opposition’s Independence Party (Sjálfstæðisflokurinn) took a stance against high taxes on go...
Norwegian economy grows 3.5% in 2012
Norway’s economy overcame external pressures and managed reasonable growth last year, according to the latest figures from Statistics Norway. Official...
Iceland central bank: krona will never float again
The head of Iceland’s central bank has said that floating the krona without the use of controls is never likely to happen again.
Fitch upgrades Iceland’s credit rating
Fitch has further upgraded Iceland’s sovereign credit rating amid the country’s ongoing economic recovery. The agency announced last week that the isl...
Norwegians’ personal finances on the rise
New figures have revealed that the personal bank accounts of Norwegians are looking healthier than ever before. According to the latest report from St...
Iceland’s Kaupthing resolves Qatari dispute
Reykjavik-based bank Kaupthing has announced the resolution of its longstanding dispute with Qatari investor Sheikh Mohammed bin Khalifa bin Hamad Al ...