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Treasury Debt Falls by ISK 88 Billion

Treasury debt has fallen by over ISK 88 billion ($809m/€710m) over the past 12 months, Morgunblaðiðreports. In April 2018, Iceland’s treasury debt amounted to ISK 866 billion ($8b/€7b),

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tour buses
Business

Airport Parking Fee Waived for Buses

The Icelandic Competition Authority has ruled that Isavia must temporarily waive parking fees for buses at Keflavík International Airport. RÚV reported first. A parking fee for buses at the

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Business

Driven by Curiosity

The driven and innovative Össur Kristinsson attacks the high seas in his newest venture, as he aims to redefine the fundamentals of sailing. In his career, Össur has consistently created something out of nothing, touching down in a variety of fields as he goes wherever his mind takes him. The founder of global prosthetics giant Össur, it is clear from the moment we met that his focus is wholly on the marine company Rafnar, whose revolutionary ÖK Hull aims to change the meaning of ‘smooth sailing‘.

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equal pay legislation
Business

In Focus: Iceland’s Equal Pay Legislation

Iceland’s new equal pay legislation has been making international headlines. While people have been quick to comment, either praising Iceland as a feminist utopia or condemning the naïve attempt to fix a complicated problem, the case of equal pay legislation and Iceland’s gender wage gap deserves some closer attention.

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