Sky-high prices on Iceland’s High Street

The EU agency Eurostat has just released a study of prices for clothing and shoes in the countries of the EU 25, the three EFTA countries (Iceland, Norway and Switzerland), and three EU-candidate countries. Iceland comes in at the top of the list and scores a hefty 149 on a clothing and shoe price index compared to an average score of 100 for the countries polled.

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Rumble within the R-coalition

The R-coalition formed by the Social Democratic Alliance, the Progressive Party and the Left-Green Party in Reykjavik is debating how to select candidates for next the municipal elections, scheduled for 2006. The three parties have fielded a joint slate of candidates in Reykjavik since gaining power in 1994.

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