The Financial Stability Committee of the Central Bank of Iceland has expressed significant concern over the growing debt and increasing, though still relatively low, defaults among companies in the construction sector.
The head of the Cobden Centre think tank, Max Rangeley, expresses significant concern over the substantial increase in global debt this century, noting that increased borrowing has not improved living standards in Western countries.
Russian industrialists have reportedly appealed to President Putin for enhanced air defense systems to protect their businesses from a wave of Ukrainian attacks. This comes as Russia and Kazakhstan are set to sign a nuclear power deal during Putin's upcoming trip, and a Ukrainian chief negotiator is expected in Berlin for talks.
Norway is exploring the possibility of establishing a dedicated help center for stalking victims, similar to a successful model implemented in Denmark.
Several shop owners in Mjølnerparken were forced to close their businesses on Friday following a violent incident involving threatening behavior. Owners are now discussing the drastic decision and a crisis meeting that has given them the confidence to reopen.
The annual financial statement for Seltjarnarnesbær confirms a serious financial situation for the municipality, with debt per resident having increased by 716,000 Icelandic Króna, according to the opposition.
Iceland's Progressive Party has proposed new economic measures aimed at preventing an increase in household debt and establishing a national reconciliation. They believe these actions are necessary to stabilize the economy.
A new survey reveals that financial secrets, particularly hidden debts, can severely damage relationships, with over half of women considering leaving a partner who lied about their finances. Experts advise frequent communication about money.
Numerous roads across Iceland are closed this morning due to icy, slushy, or snowy conditions. Fjarðarheiði, Öxi, Breiðdalsheiði, Dynjandisheiði, and Þröskuldar are impassable, with snow clearing operations in progress.
Iceland's Foreign Minister Katrin Gunnarsdottir and EU foreign policy chief Kaja Kallas have signed a security and defense partnership agreement in Brussels, aiming to strengthen collaboration between the European Union and Iceland.
Danish shipping companies express skepticism about Donald Trump's proposal for military escorts in the Strait of Hormuz, doubting its effectiveness given Iran's closure of the waterway, as European allies continue to reject immediate military action.
Political scientist Ulf Bjereld argues that the term 'integration debt' has become a political weapon in Sweden's migration debate, lacking meaningful policy function and should be abandoned.
Om ”kulturhögern” är på riktigt behöver den sätta fart. Både historia och omvärld visar vikten av att Sverige begriper värdet av historia och kulturarv.
A woman's fake nude images, created using Artificial Intelligence, were spread online, prompting several political parties to advocate for penalties against technology companies that enable such features.
The Norwegian Parliament has decided that remotely operated stores can sell alcohol, overturning a previous ruling by the Directorate of Health that deemed it illegal, bringing relief to store managers.
Rótin, an Icelandic association for people with addiction issues, has urged the Minister of Health to reconsider co-payments for opioid maintenance treatment, advocating for a comprehensive review of treatment and access thresholds.
While household and corporate debt ratios in Iceland are generally low, and defaults are minimal, companies in the construction sector have seen growing debt and increasing signs of defaults in recent quarters.
Celebrations in Paris following PSG's back-to-back Champions League victory turned chaotic, leading to widespread clashes, approximately 780 arrests, and one fatality. Despite a hero's welcome for the team, the events were marred by violence and disorder.
A French court has found Airbus and Air France guilty of negligent manslaughter for their roles in the 2009 Rio-Paris flight crash that killed 228 people. Both companies are appealing the verdict.
Reykjavík's per capita debt sharply increased by 86% between 2014 and 2025, while Hafnarfjörður's debt rose by 9% and Kópavogur's debt decreased by 22% during the same period.
An audiobook review praises "The Pretender" by Jo Harkin, describing it as a sprightly historical political romp set in 15th-century England. John Hollingworth's narration is highlighted for its charismatic verve.
Hungarian police have issued arrest warrants and conducted searches in a corruption case reportedly involving Viktor Orbán's younger brother. The investigation focuses on alleged illicit activities tied to the prime minister's family.
Subway construction in Sweden has come to a standstill after the Chinese company CRTG, which had received a billion for the project, accumulated multi-million debts.
The Icelandic Health Minister has approved a request to convert 17 residential rooms in Brákarhlíð, Borgarnes, into nursing rooms, making the facility a full nursing home with 58 nursing beds.
Icelandic artist Loji Höskuldsson creates magic by blending the everyday with the sublime in his art, inviting guests into a Danish cultural home to experience his unique approach.
Icelandic bicycle manufacturer Lauf Cycles believes it is owed refunds from the US government, following a ruling that President Donald Trump's import tariffs were illegal.
Troels Lund Poulsen has publicly rejected a government coalition with Radikale Venstre, and his actions in a TV 2 program have highlighted the broader political difficulties and party dynamics following the election, including an immigration policy push and internal party tensions.
Hvis Donald Trump gør mere end blot at lege med tanken om at overtage Cuba, bliver det et markant skridt tilbage mod den tid, hvor Latinamerika var USA’s ’baggård’, mener latinamerikaekspert.
Eyes Closed is Margrét Höskuldsdóttir's second book about the police team Ragna and Berg and won the Blood Drop, the Icelandic crime novel award, in February. "Police officer Berg lives in Flateyri where a couple...
The Norwegian newspaper Morgenbladet accused a documentary film of using AI, calling it 'fake.' The production company strongly denies the claim, stating the images are real, and criticizes the newspaper for defamation.
A proposal in Sweden suggests that individuals willing to relocate in connection with new business establishments in other localities could receive reductions in their student debts. Additionally, they might be offered interest subsidies for settling in new small homes in those areas.
Ístex, an Icelandic wool company, has offered sheep farmers wool products or company shares as payment for their wool, describing it as an emergency measure.
Half of the teachers at Bergen Christian Primary School have been on strike for six weeks after the school refused to grant them a collective bargaining agreement, citing the union's values.
A nurse in Norway has been dismissed after being accused of extensively snooping in patient records, with the municipality's lawyer stating a significant number of records were accessed.
The producers of the television series 'The Danish Woman' (Dönsku konan), Marianne Slot and Carine Leblanc, have expressed regret over the situation involving unpaid wages.
An Icelandic volcanologist, Dr. Ármann Höskuldsson, has weighed in on concerns regarding volcanic activity impacting the construction of a tunnel to Vestmannaeyjar, stating that worries are unfounded unless the tunnel is intended to last for 1,000 to 2,000 years.
Leading candidates in the Stykkishólmur municipal election campaign are focusing their discussions on how to balance continued development with the financial health of the community.
US Democratic Congressman Eric Swalwell announced his resignation from his congressional seat following multiple allegations of sexual misconduct. His decision garnered reactions from both political parties.
Today marks ten years since Höskuldur Þórhallsson, then a member of the Progressive Party, made a controversial statement to journalists in the Althingi building, an event now known as "Höskuldur's Warning."
Roads over Fjarðarheiði and Þröskuldar in Iceland have reopened after being impassable earlier in the morning, though Dynjandisheiði remains closed with snow clearing efforts underway.
Iceland's financial plan for 2027–2031 aims to strengthen the national economy through increased fiscal discipline and stability, resulting in a lowered government debt ratio.
A man accused of severe child abuse, including multiple physical rapes of a child under 14, pleaded not guilty as his trial commenced in Sunnmøre District Court, Norway.
The timing of a potential summit between former US President Donald Trump and Chinese President Xi Jinping is drawing significant attention and analysis in Taiwan.
Norwegian Prime Minister Jonas Gahr Støre finds the language used by Control Committee leader Per-Willy Amundsen inappropriate for politics, as he faces more questions amid accusations of arrogance.
Danish Minister Jacob Jensen is at the center of a heated debate regarding Danish pig farming, with activists calling him a 'traitor' while he insists his background makes him suitable for the role.