Tag: Bank
Understanding loans and making informed decisions
When applying for a loan, you should be aware of several factors, such as your credit score, as it can significantly affect the eligible interest rate. You can make the application yourself or use an intermediary. When you apply via the online service, e.g As an axolotlthe consumer skips many steps, such as having to […]
Help for buyers of the first property
The Minister of Infrastructure promises to increase the focus on co-operative loans and the development of universal affordable housing to facilitate entry into the housing market for low-income and first-time buyers. Actions taken by the Central Bank last summer to cool down the housing market have had an effect. Flats take longer to sell and […]
Four arrested after assault in downtown Reykjavík
A serious fight broke out in Reykjavík’s Bankastræti Street last night, and a special police unit and an ambulance were called to the scene. Fortunately, no one was injured in the attack. According to the fire chief, an ambulance was at the scene, but no one was taken to the emergency room. The police received […]
The Central Bank raises the key interest rate
The Monetary Policy Committee of the Central Bank of Iceland decided to raise the bank’s interest rate by one percent. The bank’s main interest rate, i.e. the interest rate on seven-day term deposits, will increase from 6.5 percent to 6.5 percent. up to 7.5 percent The interest rate in Iceland has not been higher since […]
The saving rate of Finnish households has been at a new low since 2006
The savings rate had reached its highest level since the turn of the millennium (9.7%) in the second quarter of 2020, when spending opportunities were limited by, for example, event, outdoor and travel restrictions. “Few bought so much consumer electronics that it took all of their savings” Pasi Kuoppamäkisaid Danske Bank’s chief economist to Helsingin […]
Most common mistakes that give you high interest
Alexander Norén: Don’t give up until you’ve driven three laps towards the bank SVT’s economic commentator Alexander Norén and Nordnet’s savings economist Frida Bratt share their best tricks for negotiating down the interest rate. They explain why the banks’ recommendation to bind parts of the mortgage is a real trap – and how bad it […]
Only 17 percent of Finns live within their budget
According to the study, 46% of Finns report that they create a budget for their finances, but only 17% follow it closely. At the same time, 29% create a budget but do not monitor its implementation. Unexpected one-time expenses can strain the finances of ordinary citizens, while in recent years we have seen unexpected expenses […]
The housing market falters while the banking crisis continues
Double bindingHomeowners still find themselves caught between Scylla and Charybdis, with a sinking housing market on one side and unstable global banks threatening to collapse on the other. In general, experts believe that both situations will improve and that we are most likely not headed for a catastrophe. However, global banks are still precariously tied […]
Bank of Finland: Finland’s economy in a dormant state
According to the central bank, it will take some time before the effects of inflation are fully felt in the economy.
Factors to consider when choosing a lender for your personal loan needs
Different lenders may offer different interest rates based on your credit score or other factors such as collateral or cosigner status. Check Rahalaitos.fi compare loan offers and get the best interest rate for your personal loan. Shopping around can help you find the best personal loan offer that meets your needs. Comparison of different personal […]
The Central Bank raises the countercyclical buffer
Although the financial system in Iceland is assessed as stable by the Central Bank, the financial situation of households and companies is deteriorating due to persistent inflation. Today, the countercyclical buffer rate was raised to 2.5%. Previously, it was at 2 percent. This morning the Central Bank’s Financial Stability Committee (FSN) published its half-yearly report […]
Biden’s recipe for the banking crisis
The party is over in Silicon Valley and in the space of a week three US banks have failed. Now the White House is working to save people’s savings and to avoid further bank collapses. What caused the banks to fail? And what tools does politics have to deal with the crisis? Ekonomiekot’s Pär Ivarsson […]
No end to above-average inflation – Danmarks Nationalbank
Inflation will not return to normal next year, predicts a new Danmarks Nationalbank forecast. Last fall, its experts said they expected inflation to fall steadily in 2023 to the extent that in 2024 it would be little more than 1.7 percent — an estimate more or less in line with the so-called Vismænd (wise men’s), […]
The Helsinki stock exchange falls amid the US banking problems
The fallout caused by the collapse of Silicon Valley Bank (SVB) and Signature Bank has affected the Helsinki stock market.
The US dollar rises as currency traders weigh the outlook for interest rates
NEW YORK, March 8 (Xinhua) — The U.S. dollar edged higher in late trading on Wednesday as market participants gauged the Federal Reserve’s rate hike course. The dollar index, which measures the greenback against six major peers, rose 0.06 percent to 105.6598 in late trade. In late New York trading, the euro was down to […]
The US dollar soars amid the Fed’s aggressive rate hike stance
NEW YORK, March 7 (Xinhua) — The U.S. dollar rose sharply on Tuesday, supported by expectations of more rate hikes from the Federal Reserve. The dollar index, which measures the greenback against six major peers, rose 1.2 percent to 105.5995. In late New York trading, the euro was down to US$1.0552 from US$1.0675 in the […]
Hypo: A new incentive trap makes it difficult to sell housing in Finland
“Swapping your home usually means swapping the collateral, and you can’t bring the fixed interest rate you previously negotiated to another bank. By postponing the decision to move, you can save hundreds per month,” the review reads. The trap already touches a million people, because the sharp rise in reference interest rates has made the […]
Senaatti kinteistöt is selling a historic office building on Eteläesplanadi
This is a unique opportunity to buy a piece of Finnish history and cultural identity in a highly sought-after location. The building is the only building representing Art Nouveau architecture south of the Esplanade park, and it is protected by a government decree. “Properties right in the heart of Helsinki rarely come on the market. […]
US dollar rises after Fed minutes
NEW YORK, Feb. 22 (Xinhua) — The U.S. dollar climbed in late trade on Wednesday as market participants analyzed the Federal Reserve’s latest meeting minutes. The dollar index, which measures the greenback against six major peers, rose 0.39 percent to 104.5801. In late New York trading, the euro fell to US$1.0601 from US$1.0649 in the […]
Banks raise unindexed interest rates
Three large commercial banks, Arion Banks, Íslandsbanki and Landsbankinn, have announced interest rate hikes. Unindexed interest rates increase by 0.5 percentage points on most loans, and the same applies to deposit rates. The hike follows a 0.5 percentage point hike in key interest rates last week. For new unindexed home loans at Landsbankinn, the interest […]
Banks raise interest rates on non-indexed loans
Three large commercial banks, Arion Banks, Íslandsbanki and Landsbankinn, have announced increases in lending rates. Unindexed interest rates increase by 0.5 percentage points on most loans, and the same applies to deposit rates. The hike follows a 0.5 percentage point hike in key interest rates last week. For new unindexed home loans at Landsbankinn, the […]
Sweden raises the key interest rate to 3 pct to curb inflation
STOCKHOLM, Feb. 9 (Xinhua) — Sweden’s central bank (Riksbank) on Thursday announced a 50 percentage point increase in the key interest rate to 3 percent, the highest in 15 years. The Riksbank said the rate hike, due to take effect on February 15, was necessary as the country’s 12-month consumer price index (CPI) reached 12.3 […]
Mortgage rates continue to rise – “ask for a discount or change banks”
Host:Caroline Salzinger Voices and participation in the programHenrik Braconier, Chief Economist, Financial Supervisory AuthorityChristina Sahlberg, savings economist, Compricer Claes Bäckman, researcher in National Economics, Aarhus University. Erik Thedéen, Governor of the Riksbank Carina Åkerström, CEO, HandelsbankenJens Henriksson, CEO, Swedbank Lotta Silver, Elisabeth Nordström and Annika Eriksson, mortgage customers Producer:Olof Wijnbladh Technician:Joar Jonsson [email protected]
Hear the Governor of the Riksbank about the highest interest rate in 15 years
The Riksbank raises the key interest rate by 0.5 percentage points. Highest interest rate in 15 years. Now they are flagging for more interest rate hikes. Hear the press conference with the new Riksbank Governor Erik Thedéen and analysis by Ekot’s economic commentator Kristian Åström.
Base interest rates will increase by half a percentage point
It has just been announced that the monetary policy committee of the Central Bank of Iceland has decided to increase the key interest rate by 0.5 percentage point. Thus, they reached the level of 6.5%. In May 2021, they were 0.75 percent. This increase is in line with the forecasts of the bank’s analytics departments, […]
The Internet and its many opportunities to get a loan
The Internet has revolutionized how we do business, and it has especially changed how people borrow money. Today, there are a number of services available online that allow people to secure loans regardless of their credit score or personal circumstances. One method that has gained popularity over the past few years is finding ways to […]
The Estonia scandal hits Danske Bank hard on the bottom line
Riding the storm in 2023With the Estonia scandal out of the way, Danske Bank expects that 2023 will reflect more positively on the bank’s finances. On the basis of increased interest income, which the bank estimates will continue for the foreseeable future, the financial result for 2023 is predicted to land at around DKK 15-17 […]
The bank warns that building societies are threatened with a maintenance fee increase of up to 20 percent
Danske Bank says that residents of housing associations should be prepared for the fact that the monthly maintenance fees will rise by 10-20 percent this spring.
OP: Finland will sink into a mild recession in 2023
“We are looking at a couple of years of interminably slow development rather than a clearly defined recession and rapid recovery,” he said. press release on Tuesday. According to OP, the recession affects the economy widely and makes it difficult for exports, private consumption and investments. The value of exports grew at an almost unprecedented […]
Important reminder for voters: Almost a million Finns will receive an electronic notification of their right to vote in the parliamentary elections
In other words, if you don’t receive a notification about voting rights by post between February and March, you should check your Suomi.fi message and check that your email address is correct. Notifications of new incoming messages are sent to the email address that the user has entered into the service,” reminds Maria Juka-LahdenperäSuomi.fi Viestit […]
469 counterfeit euro banknotes were found in Finland last year
The next most were 166 for 50-euro counterfeits and 37 for 10-euro counterfeits. “In 2022, the number of counterfeits found in circulation was low compared to previous years. Although there are few counterfeits in circulation, it is always good to pay attention to the banknote’s security factors when handling banknotes.” says the banknote expert Olli […]
Swedbank’s former CEO is acquitted of the charges of gross fraud
Birgitte Bonnesen, former CEO of Swedbank, is acquitted of the charges of gross fraud, alternatively gross market manipulation, and unauthorized disclosure of insider information. Almost four years ago, the SVT program Uppdrag gränskning revealed that Swedbank had let through suspected money laundering transactions worth SEK 40 billion. Hear the verdict and analysis by economic commentator […]
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
Niinistö: We are used to a standard of living that has not been earned
He also expressed his confusion that the size of the indebtedness problem is not known and the need to change the line of economic policy. He believes that central banks are the root cause of the problem because they have implemented excessive asset purchase programs that have distorted public understanding of the realities of the […]
How to transform your home decor on a budget using DIY ideas
If you’re looking to spruce up your home decor without breaking the bank, plenty of DIY projects can help you achieve it. From simple painting jobs and adding new furniture such as VidaXL garden tables to more extensive renovations, there are several ways you can give your home a makeover on a budget. DIY project […]
Market exchange rates in China — January 20
BEIJING, Jan. 20 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,677.02 Euro 100,733.61 Japanese yen 100 5.2729 Hong Kong Dollar 100 86.456 British Pounds 100,839.15 […]
Market exchange rates in China — January 19
BEIJING, Jan. 19 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,676.74 Euro 100,730.44 Japanese Yen 100 5.2658 Hong Kong Dollar 100 86.487 British Pounds 100,835.38 […]
Survey: Almost one in four says that income is not enough to cover rising consumer prices
With consumer prices rising this year, almost one in four Finns said they don’t think they can cope with their living expenses, according to a recent study by Taloustuktuikma. Almost half of the respondents expected their financial situation to worsen this year. "In particular, working people aged 35–49 believe that their financial situation will deteriorate […]
Right now: The Riksbank is issuing an interest rate announcement – it is expected to raise the interest rate
Today comes the Riksbank’s announcement of a possible interest rate increase. In March, the Riksbank raised the key interest rate by 0.25 percentage points and at the same time raised the interest rate forecast sharply. Inflation has continued to rise since the latest interest rate announcement, and several analysts therefore believe that the interest rate […]
Anja has cheated men of millions: “I do not get caught”
“Anja” is actually called something else. Her voice is exchanged, and another person plays her in Caliber’s pictures. Against anonymity, she tells how she lived on manipulating, cheating and blackmailing men worth millions of kronor over the past twelve years. It started in my teens. Anja decides to deceive an older man she comes in […]
Clark Olofsson – Sweden’s most notorious criminal
One late summer day in august 1973, an unknown robber enters Kreditbanken on Norrmalmstorg in Stockholm. He takes staff hostage and demands three million kronor in ransom – and that the infamous robber Clark Olofsson shall be released from prison and taken to the bank. This is how the story begins Norrmalmstorgsdramat and Stockholm syndrome, […]
MitID transition postponed by four months
The switch from NemID to MitID, a new improved digital security solution that enables secure access to sensitive information, has gone anything but smoothly. With the deadline of 1 June approaching with rapid steps, many in Denmark have not made the change: Especially since a visit to the nearest Citizen Service Center is required by […]
The cassette tape queen
It is the eighties and the industrial crisis is hitting Malmö hard. The builder’s daughter Ingegerd Engfelt’s future is set: she will take over after her father. But Ingegerd instead engages in the transcendental meditation movement, which has been made popular by world stars such as The Beatles. The TM movement is led by pop […]
Sweden raises the benchmark interest rate to 0.25 pct
STOCKHOLM, 28 April (Xinhua) – On Thursday, the Riksbank, Sweden’s central bank, raised its key interest rate from zero to 0.25 per cent from 4 May to counter rising inflation. The bank’s executive board aims to gradually raise the exchange rate to “slightly below 2 percent” two or three more times this year, according to […]
The Riksbank raises interest rates to 0.25 per cent – “Imposes additional burdens on households”
The Riksbank raises the interest rate to 0.25 per cent, and will continue to raise the interest rate gradually. Since the previous forecast, which showed that the interest rate would not be raised until 2024, the situation has changed sharply. “A rather drastic change,” says Ekot’s financial reporter Kristian Åström. “It imposes additional burdens on […]
Endangered Baltic ringed seals are featured live on WWF
WWF Finland has published a new live webcast of the Baltic Sea ringed seal living in the Baltic Sea archipelago. The Baltic ringed seals are close relatives of the Saimaa ringed seal, which has previously been the subject of popular webcasts. However, few people know that a species of seal also lives in the Finnish […]
Nordea Bank reports service disruptions, savings accounts appear empty
According to Nordea Bank, its online services have been disrupted on Saturday morning, affecting customers’ savings accounts. According to the company, the problem seems to be due to account balances. Director of Communications at Nordea Satu Malkamäki Customers may feel that their savings account is empty, even though there is money in the account. Malkamäki […]
Easter Holiday Reminder: Changes to store opening hours, public transit schedules
The long Easter holiday weekend will affect the opening hours of some stores as well as bring changes to public transport schedules. Grocery stores will remain open on weekends, but some may shorten opening hours, while Alko’s stores will be open until Thursday at 9pm and Easter Saturday until 6pm, but will be closed on […]
Sweden has the highest inflation since 1991
STOCKHOLM, April 14 (Xinhua) – Sweden is experiencing the highest inflation in decades, with a 12-month inflation of 6.1 percent in March, Statistics Sweden stated on Thursday. “The inflation rate rose sharply due to a general and broad price increase. Prices of food and non-alcoholic beverages rose, but it was mainly rising electricity and fuel […]
Students must return the overpaid support by the end of April
Recipients of the study grant can access Kela’s electronic service at www.kela.fi/omakela (Finland) or www.fpa.fi/mittfpa (Swedish) to check the preliminary data on their annual income and its impact on financial support. You need an online banking ID or a mobile ID to log in to OmaKela. The information on annual income can be found in […]
Changes in the summer childcare arrangements must be notified to Kela
changes in daily treatment times changes in the day care fee a new day care facility or provider the child starts early childhood education organized by the municipality the child begins preschool or a two-year preschool experiment. Notification is not required if there are no changes in childcare arrangements or if the child is in […]
The website of the Finnish Ministry of Foreign Affairs and Defense is the target of a cyber attack
The websites of the Finnish Ministries of Defense and Foreign Affairs were out of order on Friday, the ministries announced in separate tweets shortly before 1 p.m. The Department of Defense said its website crashed due to a denial of service (DoS) attack and is investigating the matter. Head of Communications at the Ministry of […]
The Finnish supervisory authority keeps the mortgage ceiling at 85 per cent
The government said it was refining its recommendation that lenders exercise restraint in relation to the borrower’s income when granting large and longer-than-usual loans in the second quarter. “Borrowers should estimate the amount of credit to be granted so that the applicant will be able to repay its debt even if interest rates on loans […]
VR will resume cargo traffic to Russia
The state-owned railway company VR announced on Wednesday that it would resume freight traffic to Russia after a suspension a few days ago due to sanctions against British Russian Railways (RZD). The sanctions were based on Russia’s attack on Ukraine, but the Finnish railway company said that it had received a report from the British […]
Investment in companies
If you are thinking about investing in companies, it is a good idea to have some prior knowledge of what it means to make such an investment. There are several different ways to invest, and no matter what kind of industry or company you are considering investing in, it is important to have a good […]
The tenant-owner association Ida was hijacked by criminals
This is the story of what has been called the worst hijacking of a tenant-owner association in Sweden. Brf Ida in Malmö, one of Sweden’s largest tenant-owner associations, had a good reputation and a good economy. But in the autumn of 2017, it is discovered that millions are flowing out of the association. The association’s […]
How to make sure that an online casino in Denmark is safe – a pocket-sized guide
If you look at the landscape of popular hobbies and pastimes in Denmark and the rest of the world, for that matter, you will see that the most popular hobbies today are digital. People would rather play video games than play basketball outside, and they would rather indulge in online gambling than visit a land-based […]
War in Ukraine must affect Denmark’s economy
Down again in 2024The bank points out that higher price increases and instability affect consumers and investments in Denmark and globally. In addition, the conflict is also expected to increase inflation by around 2 percentage points in 2022. The bank estimates that expected GDP growth will remain around 2.1 percent in 2023 and fall further […]
HS: The Finnish ministry admits to helping the oligarchs’ spa with the sanctions problem
Boris and Arkady RotenbergThe oligarch brothers behind SMP Bank originally sold the spa to one of Boris Rotenberg’s two sons, Roman Rotenberg. After the United States also imposed sanctions on Roman Rotenberg, the operation was sold in euros to Ryokan Oy, which is owned by two of Boris Rotenberg’s Finnish business partners, Martti Ahto and […]
When is the best time to take out a loan?
Let’s be honest here, not everyone has a savings account or pocket money that they can rely on when something unexpected happens. Sometimes you need money as quickly as possible, but you do not have many options at your disposal. Such situations can force you to take out a loan. You can always go to […]
Russians in Finland face bank delays, Payment problems
Many Russian citizens living in Finland have stated that they have not received their salary in their bank account this week. The problems are probably related to the economic sanctions imposed on Russia due to its military invasion of Ukraine and the extra bureaucracy that the measures will bring. Several Russians who have suffered delays […]
Customs: EU sanctions hit Finnish companies
According to Customs, the EU’s sanctions against Russia may affect one quarter of a Finnish company doing business in Russia. There are about 2,000 companies operating in Finland across the eastern border. A quarter of these operate in the areas subject to sanctions, Customs says. The EU’s sanctions package targets the Russian banking sector and […]
The message: Several Russian banks will be excluded from Swift
Several Russian banks are now excluded from the Swift payment system. “We will prevent Putin from using his treasury,” said Ursula von der Leyen, President of the European Commission. According to von der Leyen, the exclusion will in practice block Russian exports and imports.
Important message to the public in Malmö in Malmö municipality, Skåne county.
The gaps between those who own and rent housing are growing – what responsibility does the Riksbank have? This week’s guest in Ekot’s Saturday interview is Stefan Ingves. Also hear Ekot’s financial commentator Kristian Åström. The host is Cecilia Strömberg Wallin.
Important message to the public in Malmö in Malmö municipality, Skåne county.
Guest: Stefan IngvesGovernor of the Riksbank Comment: Kristian ÅströmEkot’s economics commentatorHost: Cecilia Strömberg WallinProducer: Maja LagercrantzTechnician: Behzad Mehrnoosh
The Oulu court declared the technology company Uros bankrupt
The Oulu District Court declared the technology company Uros bankrupt on Tuesday, confirming to Yle by e-mail. The state finance company Finnvera, the pension insurance company Ilmarinen and the banks Nordea and Oulun Osuuspankki had filed a joint application to declare the company insolvent. The male had challenged the application, saying it was in talks […]
More summer vouchers for young people in Helsinki this year
In 2022, all 9th graders living in Helsinki or studying in the 10th and Valma grades, as well as 1st year high school students living in Helsinki, will receive a € 325 summer work voucher to help them find a summer job. The Helsinki summer work voucher can now be applied for electronically for the […]
VMA in Stenungsund in Västra Götaland County
Forget anarchist revolution and big banks blown up. In the new version of the film “Fight club” which has been released on the streaming service Tencent, the ending is much more constructive. In this week’s episode we also talk about how the infection finds its way into the Olympic bubble and try to understand why […]
This year, Iceland expects 1.1–1.2 million tourists
According to Morgunblaðið, in the macroeconomic forecast for 2022–2024 published today, Íslandsbanki predicts that between 1.1 and 1.2 million foreign tourists will visit Iceland this year. These numbers are below the more optimistic forecast of 1.5 million in September. Jón Bjarki Bentsson, the bank’s chief economist, says the outlook is still there […] Article This […]
EU commissioner says high inflation will remain strong until second half of 2022
“It is clear that the factors leading to high inflation in the EU are weakening, fading, but probably not as soon as we expected, so probably in the second half of the year and not before, we have our forecast on 11 February, the Commission’s forecast,” Gentiloni said in an interview. and the Financial Affairs […]
A man on trial is accused of appearing as a police officer to steal 34,000 older victims
The prosecutor is demanding imprisonment for a man and a woman who, according to the charge, cheated an elderly woman nearly 34,000 euros. The case began on Thursday in the Länsi-Uusimaa District Court. The prosecutor said the male defendant contacted the victim by phone and said the Central Criminal Police (KRP) was investigating a crime […]
Revolut starts operating as a bank in Finland and now offers secured deposit accounts
Deposits from customers who upgrade to Revolut Bank for additional services are now protected under the Deposit Guarantee Scheme. The Lithuanian State Deposit and Investment Insurance Company guarantees deposit protection up to EUR 100,000. The launch of Revolut Bank is another example of fintech’s ongoing efforts to meet and support the needs of its customers. […]
Carl disappeared and was declared dead but lived imprisoned in America
This section: Throughout her upbringing, Anna Fendin Ahlström has heard stories about her great-great-grandfather Carl Sederblad Nilsson who emigrated and disappeared. In 1901 he had left his heavily pregnant wife Alma at home in Harstensbo, Karlslunda in Småland to start a new life in America for himself and his new family. The idea was that […]
Finns continued to take out mortgages briskly in November
The housing loan stock was almost EUR 107 billion, of which loans to be purchased were about EUR 8.5 billion. The average interest rate on loans was 0.76 per cent in November. The average interest rate on rental loans was 0.91 percent. The Bank of Finland emphasized that the average interest rate has risen slightly […]
Íslandsbanki shortens opening hours
From the beginning of the year, most Íslandsbanki branches will not open until 10:00 and close at 16:00. Branches in Egilsstaðir and Ísafjörður will be open between 11:00 and 15:00, and in Reyðarfjörður only for three hours between 12:00 and 15:00. In most branches, this means shortening the opening hours by one hour. However, customers […]
Part 3/3 Algots – The Struggle for Survival
In the factory, the conveyor belt rolls on as usual. Once an hour it is stopped and then the young women can go to the toilet or take a break. But sales are not going as well as before. In countries where wages are lower than in Sweden, clothes are pumped out and competition in […]
Helsinki will stop burning coal five years ahead of schedule
Helsinki’s electricity company Helen decided on Tuesday to stop burning coal for energy in the spring of 2024, five years ahead of schedule. Finland has set a goal to stop burning coal as a fuel during this decade, and the city ‘s power plant in Salmisaari originally had plans to stop using it in 2029. […]
That is why many people choose cryptocurrency
Investing is something we see more and more of, and this is an exciting development. At the end of the year 2020, a record number of shares were held in Norway, and not least, a record was also set in relation to the number of female investors among them. Investing is something that can be […]
The European Central Bank leaves interest rates unchanged at record lows
“The interest rate on the main refinancing operations and the interest rate on the marginal lending facility will remain unchanged at 0.00%, 0.25% and -0.50%,” the ECB said in a statement. The key ECB interest rates are expected to remain at or below current levels until bloc inflation reaches 2% over the forecast horizon. At […]
Omaha mom looking for refund of international airline tickets after cancellation
OMAHA, Neb. (WOWT) – For two years, an Omaha mother and daughter have been trying to visit family half a world away. First, COVID put the trip on ice and then the airline came with a surprise. Wenche Sterling, born in Norway, wanted to take her daughter there and reconnect with the family after 14 […]
Sweden reports the highest inflation in 28 years
STOCKHOLM, December 14 (Xinhua) – Sweden’s inflation rose to 3.6 percent in November, up from 3.1 percent in October. This is the country’s highest inflation since 1993, Statistics Sweden states in a statement on Tuesday. Rising energy prices contributed to the highest inflation rate since December 1993, says Mikael Nordin, statistician at Statistics Sweden. Inflation […]
Request for blood
In a statement released yesterday by the Blood Bank, we read that the safety reserve of erythrocyte concentrate at the Blood Bank should be around 400 units, and currently only 200 units are available. Birgitta Hafsteinsdóttir, a nurse at Akureyri’s Blood Bank, encourages people to donate blood. “We need blood to secure the Blood Bank’s […]
Nordea Group study: Most are concerned about the impact of energy prices on housing costs
More than half of Finns are concerned about the effects of higher energy prices on their housing costs, Nordea Bank says. According to a survey commissioned by Nordea, 58% of respondents expressed concern about energy prices. One in four said rising energy prices are making it harder for them to cope with their housing costs. […]
World Bank donors approve the release of $ 280 million for Afghanistan
“Donors from the Afghanistan Reconstruction Trust Fund (ARTF) today decided to transfer $ 280 million in ARTF funds to UNICEF and the World Food Program (WFP) by the end of December 2021, the World Bank said in a press release. According to the release, UNICEF will receive $ 100 million to provide essential health services […]
John forged a dead woman’s signature
This section: Johannes Heüman was born in 1882 into a church family. His late relative Jarl Torgersson in Gothenburg has searched for the story that Johannes’ family probably liked to see forgotten. From John’s father there was an express wish that he should become a priest, but the son refused. Johannes instead wanted to devote […]
The popularity of high-interest consumer loans increased in Finland in October
The drawdown hit at the same time as the government’s temporary interest rate cap on consumer credit expired. The average interest rate on new unsecured consumer credit, excluding vehicle loans, thus rose by 0.55 percentage points from the previous month to 8.34%. The popularity of unsecured consumer loans grew, especially in non-bank institutions, whose average […]
The employment situation is improving, but the disparity in Finland continues
“The number of people in employment exceeded its pre-pandemic peak in October,” tweeted Timo Hirvonen, Chief Economist of Handelsbanken. STT on Tuesday highlighted that employment growth has been boosted by an increase in the number of part-time and fixed-term workers, compared with 57,000 in October, compared with the same period last year. The number of […]
Central Bank raises key interest rate to 2%
The Monetary Policy Committee (MPC) of the Central Bank of Iceland decided to raise the bank’s interest rates by 0.5 percentage point. The bank’s base interest rate will therefore be 2%. This is the fourth increase in the bank’s interest rates since May, pointing to a change of direction as economic forecasts improve. The main […]
Finns will lose a record 33 million euros to scammers in 2021
According to the Finnish police, online scammers have scammed victims in Finland this year for 33 million euros. This is a new record, surpassing the estimated € 25 million fraudsters taken from victims last year. Victims are said to be the target of a wide range of online scams, including romance scams in which criminals […]
Varying opinions on the new look of the bonus piggy
The logo of the Bónus stores has never been perfect. Icelanders have been debating the design of this most famous brand in the country for a long time. Why does the piggy bank slot have such a strange shape, why does the piggy squint and why one eye is bigger than the other … Despite […]
Part 1 of 5. Drottninggatan 2017
Drottninggatan 2017 Screenplay by: Mattias Grosin and Jenny Bergman Directed by: Jenny Bergman and Ahmed Abdullahi Cast: Lena – Ia Langhammer, Bahar – Dilan Gwyn, Hadi – Issa Homsi, Clara – Lilja Ollinen, Marianne – Inger Nilsson, Nedim – Alexander Salzberger, Clara’s father – Henrik Norlén, Frans – Sam Jägerfeld Arthur, Hadi’s mother Atia Salam, […]
Basic things you need to know before applying for a home equity loan
No matter what industry you are in or what your financial situation is, you have definitely needed a personal loan at least once in your life. If you need one now but you do not have too much experience when it comes to this aspect of your financial plan, you have come to the right […]
2 types of loans that most people apply for in their life
It does not matter what you live on, if you are not a rich person, you have probably considered applying for a loan at least once in your life. This is quite understandable, people apply for a loan for many reasons. In most situations, they decide to do this when they want to buy something. […]
Hraun – the poet’s family home
The poet and naturalist Jónas Hallgrímsson is without a doubt one of Iceland’s most beloved poets (the one we can often admire on the 10,000 kroner banknote). He was born in 1807 at the Hraun farm in Öxnadalur and died of sepsis in Copenhagen at the age of just 38 in 1845. It is one […]
No electronic ID due to disability
Ólafur Elías Harðarson is 24 years old and has Down syndrome. He does not have an electronic ID, because according to the law he is obliged to apply for it himself and choose a password without help. According to his mother, Ágústy Rósa Andrésdóttir, Ólafur cannot do that. – ADVERTISEMENT – “We went to Auðkenni […]
Icelandic Krona
The Icelandic krone was first issued by Landsbanki Íslands in 1876 at a fixed exchange rate against the Danish krone. This state lasted until World War I, but the value of the Icelandic krone has declined since then. According to the exchange rate of one hundred years ago, in 1921, it was only 1/2000 of […]
Stefan Liv and the plane crash
This is the story of one of Swedish ice hockey’s biggest profiles, of grief and loss and secret meetings when the team in heaven was to be rebuilt. A program by Martin Marhlo, autumn 2021. Participants:Viktor Wallin, one of Stefan Liv’s closest friends, former teammate and godfather of Stefan’s children: “He hated to lose. It […]
What effect do tenants rent?
Most people have heard of interest rates, especially if you have a sense of finance. The effect of tenants may differ from platform to platform, but the purpose behind the phenomenon is the same. You get from before rent on deposit, and on top of this there are landlords again. In technical terms, it is […]
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