Increasing income inequality in the Nordics

The rich are getting richer, the poor are getting poorer, including in the Nordic Region. One of the main reasons seems to be that the benefits system has become less redistributive and transfer payments are not adjusted upward at the same rate as wages, according to a new report from the Nordic Council of Ministers.

An ambitious year for Tórshavn

Last year saw a great deal of activity in Tórshavn municipality, with a total of DKK 198 million spent on construction and maintenance projects. Some 67.5 million was spent on Skúlin á Fløtum and 21.2 million on construction of the new music school.