Bankers Enjoy Big Pay Rise

Tax figures for 2014 extrapolated by the business magazine Frjáls Verslun, owned by Iceland Review publisher Heimur hf, show that the average salary of the CEOs of Iceland’s 200 biggest companies is around ISK 2.6 million (EUR 17,580/USD 19,195) per month.

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New Spa Resort for South Iceland?

“We are extremely pleased with the interest these parties are showing in Hveragerði and have been waiting for someone to see the possibilities for more development in the area,” says Aldís Hafsteinsdóttir, the mayor of Hveragerði in South Iceland.

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