(Oct 15, 2014) "There is a fire of resentment burning across Europe, and there’s an urgent need to calm tensions. Social scientists need to get involved. Dogmatic economists have been allowed to dominate the debate for too long," says Maurizio Ferrera, Professor at the University of Milan.
(Sep 03, 2014) Industrialised countries have reached the limit for how much wages can be cut. Since the start of the economic crisis, wages have fallen in real terms for half of all employees in OECD countries. Further cuts could be counter-productive and damage growth.
(Jun 17, 2014) Five and a half years after the Icelandic economy collapsed, we now know children were doing better during the crisis than before, even though the opposite had been feared. This is according to the Welfare Watch, a body set up soon after the crisis hit which brought many good forces together to protect Icelanders’ welfare.
(Jun 17, 2014) Despite being so heavy hit by the crisis, Icelanders continued construction of the new music house Harpa in Reykjavik - the only building project which kept going during the crisis. And as Iceland is bouncing back, the award-winning building Harpa has become the symbol of Iceland’s economic recovery.
(Apr 16, 2013) The ILO will help put the youth guarantee into practice and make sure €6bn granted by the EU will be used to get Europe’s youth into work. The ILO will play a stronger role in helping crisis-hit European countries to improve the economic, social and political consequences of the crisis and to reestablish trust in the countries.
(Apr 16, 2013) The health of banking staff has deteriorated since the 2008 Icelandic banking crash. Those who lost their jobs and found new ones are doing better than those who stayed in their original jobs. The number of bank workers visiting health clinics doubled between 2008 and 2012.
(Mar 08, 2013) Participants at the conference ‘Nordic ways out of the crisis’ agreed the Nordic countries can play an important role in southern Europe’s current economic crisis. Yet just how the Nordic countries can work together and how much support there is for such work remains uncertain.
(Feb 08, 2013) Iro came first. She arrived from Greece to study. Then the crisis hit, Iro found a job and stayed. Now her brother Dimitris has joined her to look for work in Norway. Do they represent a wave of job seekers from crisis-hit southern Europe to the Nordic region, we wonder in this month’s theme.
(Feb 08, 2013) Every day someone from Spain applies for a job in Iceland. Some Spanish travel there and go from workplace to workplace looking for jobs. Meanwhile, Portuguese who worked in Iceland before the financial crisis are getting back in touch with old employers to apply for work.
(Jan 31, 2013) Icelanders rejoice. The Efta court says Iceland did not break EEA rules when refusing to pay compensation to customers of the Icelandic online bank Icesave. Prime Minister Jóhanna Sigurðardóttir is critical of the other Nordic countries for not supporting Iceland during the dispute.
(Nov 15, 2012) Newspapers are the fastest shrinking businesses in the USA according to a LinkedIn survey. The social network has looked at their members’ stated occupations. The number of journalists fell by 28.4 percent between 2007 and 2011. Europe and the Nordic countries are right behind this trend.
(Nov 15, 2012) Finnish journalists have faced major changes in recent years - many of them negative ones. Jobs are disappearing and media owners’ visions for the future are bleak.
(Feb 09, 2012) Older Icelanders enjoy working and do so for longer than other older people in the Nordic region, the Baltics and the UK. Being active in the labour market is highly valued among the Icelandic.
(Jan 31, 2012) The most important labour-regulating conventions were first introduced in Europe before being exported to countries elsewhere. Yet these same rights are now under threat from European countries looking for more ways to cut costs in the face of the economic crisis, says Trine Lise Sundnes, who represents Nordic workers on the ILO’s governing body.
(Nov 10, 2011) Iceland has managed surprisingly well after the economic collapse of autumn 2008. Iceland’s government and the International Monetary Fund has staged a conference on Iceland’s road to recovery in Reykjavik.
(Sep 07, 2011) Economic crisis, political earthquakes and unprecedented terror in the midst of the Nordic region. It has all impacted the Nordic countries. “Crisis test the strength of the Nordic welfare models” is this month’s Theme. One important question pops up: must the welfare models be adapted to avoid growing differences within the countries?
(Sep 07, 2011) We have learnt that a state welfare system is immensely important and a prerequisite for a healthy working life, says Island’s Minister for Welfare Gudbjartur Hannesson. That is why protecting our welfare system has been given top priority during the crisis.
(Sep 07, 2011) Higher taxes for those who have the most, protection of the poor and debt relief to businesses and households - all part of the recipe to get a bankrupt state back on track according to the Icelandic experience. You also need a proper post-party tidy-up, get the economy in balance and prevent criminal activity from repeating itself.
(Sep 07, 2011) Which politicians can best guide Denmark through the current economic crisis, where more and more Danes fear going bust or end up unemployed? That is the deciding question in the Danish elections this month.
(Sep 07, 2011) Support for Finland’s populist True Finns Party has grown after the spring parliamentary elections. It means the new government is forced to take into account the factors behind the party’s growth, and first and foremost their demand for more expansive social policies to support the weakest in society.