December 12, 2022 - Iceland Review Skip to content

Day: December 12, 2022

iceland trade union
Economy

VR and SA Agree on Contract

VR Union and SA, the Federation of Icelandic Employers, have settled on a short-term contract that will be valid through next year. The agreement will

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indexed mortgage iceland
Economy

In Focus: Indexed Mortgages

Iceland’s housing market has undergone rapid changes over the past two years, with prices shooting upward. The market has begun to gradually cool, as a result of rising interest rates, with prices stalling or even slightly lowering in some cases. While there are multiple factors that affect housing prices – including availability and a pandemic-inspired […]

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hotel workers strike Reykjavík
In Focus

In Focus: Wage Negotiations

Power vacuum When Drífa Snædal resigned from her position as chairperson of ASÍ (The Icelandic Confederation of Labour) this summer, she left a power vacuum at the heart of Iceland’s largest organisation of trade unions. The Icelandic Confederation of Labour consists of 47 trade unions and represents some 2/3 of Icelandic organised labour, around 133,000 […]

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