Iceland’s President Wants Lower Salaries Skip to content

Iceland’s President Wants Lower Salaries

President of Iceland Ólafur Ragnar Grímsson has expressed his view that the salaries of the president and of other officials should be lowered in light of the current economic crisis facing Iceland.

President Ólafur Ragnar Grímsson. Copyright: Icelandic Photo Agency.

“I would celebrate such a decision made by Althingi [Iceland’s parliament] or the wage council [which’s decides the salaries for elected officials and other state employees] and I believe it should be made as soon as possible,” Grímsson told Fréttabladid.

Fréttabladid newspaper sent out a questionnaire to MPs and other officials, requiring whether they believed it was natural for the country’s highest-ranking officials to receive lower salaries like the general public has to live with during this economic recession.

Apart from the president, three MPs from the coalition parties and eight MPs from the opposition parties replied.

“If there will be a general cut in salaries it is natural that MPs will suffer it as much as everyone else,” said Gudlaugur Hannesson of the Social Democrats, who have a seat in Iceland’s government along with the Independence Party.

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