August 24, 2022 - Iceland Review Skip to content

Day: August 24, 2022

Esja
Society

Public Bus No Longer Stops at Esja Mountain

Access to one of the Reykjavík capital area’s most popular hiking sites by public transit – Esja mountain – has been severely limited since May 22. The bus stop at the mountain’s base has been closed to Route 57, the main route from the capital area that stopped at the site. There are no concrete […]

This content is only visible under subscription. Subscribe here or log in.

Read More »
Central Bank Ásgeir Jónsson seðlabankastjóri
Economy

Key Interest Rate Raised to 5.5% in Iceland

The Central Bank of Iceland’s key interest rate will be raised by 0.75% to 5.5%, the bank’s Monetary Policy Committee announced today. The hike was expected by industry experts and continues a trend of tightening monetary policy in response to inflation and market conditions. Macroeconomic forecast improves GDP in Iceland is set to measure nearly […]

This content is only visible under subscription. Subscribe here or log in.

Read More »