Icelanders Owe Billions in Post Christmas Bills

money-banknotes_psAt the beginning of this month Icelanders had to pay their credit card bills for transactions made in December. The total value of transactions in December was ISK 68.5 billion (USD 555 million, EUR 422 million), up by ISK 9 billion (USD 73 million, EUR 55 million) from the month prior.

Continue reading