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This article is brought to you in association with OECD. Sound macroeconomic policies and favourable external conditions have enabled Iceland’s economy to emerge stronger from a decade of post-crisis management. Yet the impact on growth from a drop in tourist arrivals and seafood exports underlines the need for reforms to open up and diversify the economy […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content A number of unusual events are sweeping across the Arctic as global warming disrupts weather patterns, the landscape, and the way of life in the icy wilderness. Earth’s average surface temperature has risen […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content The climate change clock is ticking. In 2018, global carbon emissions reached a record high and the United Nations warned we could have just 12 years left to prevent the catastrophic effects of […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Katrín Jakobsdóttir, Prime Minister of Iceland, Office of the Prime Minister of Iceland Iceland is honoured to be a frontrunner in the World Economic Forum’s Global Gender Gap Report, and as Prime Minister I am frequently asked about […]
This article is brought to you in association with the United Nations. Iceland has for the first time been elected to the Human Rights Council, filling the seat vacated by the United States, which withdrew from the body last month, citing bias. The United Nations General Assembly on Friday elected Iceland to serve on the […]
How come and despite the fact that bankers systematically and quite openly cheat hundreds of millions of people, usurping trillions from them, and the only ones of that trade that have been locked up in a penitentiary are the bosses of the three Icelandic banks Glitnir, Kaupthing and Landsbanki, which went bankrupt in 2008? All […]
Iceland has two very good reasons to freeze its EU accession talks until the tiny country holds a referendum on it. Icelanders think twice when it comes to money and fish. On money their views differ widely from what the EU thinks about it and when it comes to fish, Iceland also has quite diverging […]
According to a Commission‘s new ‘on-line state aid to banks benchmarking tool’ published on 20 December, between October 2008 and December 2012 the EU member states provided €591.9 billion (4.6 % of EU 2012 GDP) of capital support (recapitalisation and asset relief measures) to the financial sector (banks). It was not only that. The same […]
Within 24 hours, after the European Sting published on Thursday an article entitled, “Fair completion rules and the law of gravity don’t apply to banks”, and the responsible EU Commissioner Joaquín Almunia, Vice-President of the EC blessed as legitimate the rescue of the Dutch bank and insurance company SNS REAAL by the country’s exchequer with […]
Sigmundur Davíð Gunnlaugsson, the Prime Minister of Iceland, hardened by adverse weather and isolation as all his compatriots, when in Brussels last summer, delivered two lessons to EU bureaucrats and dignitaries, softened by indoor life. He taught them how to treat fraudulent bankers and who to fish mackerel. Yesterday tiny Iceland accomplished its teaching course […]
When Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland, visited Brussels last month, he tried to teach the European Union a lesson about the scientific analysis on fishing stocks of North Atlantic. Seemingly, European Commissioner Maria Damanaki responsible for Maritime and Fisheries Affairs didn’t learn anything. Yesterday, she decided to adopt trade measures against Faroe Islands […]
Sigmundur Davíð Gunnlaugsson, the Prime Minister of Iceland, visited the European Union yesterday and was received by its two presidents. The Icelander first went to the Berlaymont, the Commission’s headquarters. There he was rather surprised. It was the first time that Manuel Barroso was so blatant, almost rude, with a visiting PM. Commenting on the […]
Yesterday the European Sting wrote that the Vítor Constâncio, Vice-President of the European Central Bank was asking for more taxpayers’ money to support careless “systemic” banks in case they fail. Possibly he could have longed to deny this “accusation”. To this effect he will get the floor here below to defend himself. In a speech […]
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