The recent hike in interest rates has complicated the upcoming wage negotiations, with government involvement now a possibility to bring the negotiations to a conclusion.
The Monetary Policy Committee of the Central Bank of Iceland has announced today that key interest rates will be raised an additional 0.25%, with short-term
The Central Bank of Iceland has raised interest rates by 0.75 percentage points. The hike takes the Bank’s key interest rate to 2.75%. Decade-high inflation
“By and large controlled by special interest.” In a recent interview with Stundin, Ásgeir Jónsson, Governor of Iceland’s Central Bank, stated that Iceland was “by and large, controlled by special interest” and that “quarrelling with them was no laughing matter.” Ásgeir’s comments were in part inspired by an ongoing dispute between the Central Bank and […]
The Financial Supervisory Authority of the Central bank of Iceland is investigating the pension funds’ involvement with Icelandair’s stock offering last week, Central Bank Governor
In a statement released this morning, the Monetary Policy Committee (MPC) of the Central Bank of Iceland announced that it has decided to lower the
Iceland’s Central Bank is preparing a response to the COVID-19 epidemic, RÚV reports. As noted today by the Department of Civil Protection and Emergency Management,
Central Bank Governor Ásgeir Jónsson says vocational education and financial support of start-up companies are the key actions needed to boost the Icelandic economy. Ásgeir
To some, he is the face of the financial bubble as the chief economist of Kaupþing, ahead of the 2008 financial crash. To others, he is the perfect man to shape the Icelandic economy, with his expertise in monetary policy. The new man at the helm of the Central Bank of Iceland is Governor Ásgeir Jónsson.
According to Governor of Iceland’s Central Bank, Ásgeir Jónsson, Icelandic businesses will get off lightly as far as the foreseeable economic contraction is concerned, RÚV
