The generation that built up Iceland Telco feels shunned Skip to content

The generation that built up Iceland Telco feels shunned

It’s disappointing that Iceland’s senior citizens, the generation that built up Iceland Telco, are not getting a share in the proceeds of the sale of Iceland Telco to improve their lot, said the deputy chairman of the Association for Senior Citizen according to the Icelandic National Broadcasting Service, RÚV.

A vast numer of people have called the Association for Senior Citizens and complained that there is no plan to improve services for the elderly reports RÚV. When it was announced how the money would be distributed, Halldór Ásgrímsson stated that the government was investing “for the future”. Jón Kristjánsson, minister of health, says that the money will be allocated to the entire nation. He said that of course there was room to improve services for the elderly further, and that the focus would be on shortening waiting lists for nursing homes.

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