Wage Negotiations Advance, Media Ban Imposed Skip to content

Wage Negotiations Advance, Media Ban Imposed

By Yelena

State Mediator Ástráður Haraldsson

Union and business representatives have restarted wage negotiations after a break of almost a week, Vísir reports. The parties have agreed on a basis for the negotiations, according to State Mediator Ástráður Haraldsson. One union leader said IKEA’s price reductions are a good contribution to the negotiations.

Media ban imposed

The negotiations impact the working conditions of some 93% of workers on the general labour market in Iceland. After signs of progress in the negotiations appeared, Ástráður banned all parties from speaking with the media, a move often instituted when an agreement seems nigh.

Price reductions and freezes a positive contribution

Vilhjálmur Birgisson, Chairman of the Federation of General and Special Workers in Iceland, did, however, speak to a Vísir reporter on the price reductions announced by IKEA in Iceland, calling them a positive contribution to the negotiations. The reductions could help in bringing down inflation and interest rates, “which are making Icelandic households miserable,” he stated.

Vilhjálmur pointed out that BYKO has also decided to freeze prices for six months, and encouraged other businesses to follow the two companies’ example.

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