In a budget briefing yesterday, the Finance Minister highlighted increased government earnings while advocating for fiscal restraint to counter inflation. He revealed a multifaceted approach
State-run institutions are poised to streamline operations through staff reductions and various optimizations, aiming to save approximately ISK 17 billion ($129 million / €119 million)
In a panel discussion on Vísir yesterday, Finance Minister Bjarni Benediktsson stated that the temporary ban on whaling was inauspicious for the partnership between the
Guðrún Hafsteinsdóttir officially succeeded Jón Gunnarsson as Minister of Justice at a state council meeting this morning. At a press conference following the meeting, Guðrún
When Icleand’s current government took power in November 2021, Minister of Finance Bjarni Benediktsson stated that Guðrún Hafsteinsdóttir would take over the Ministry of Justice
In a press conference yesterday, the government introduced its strategy to address inflation. The proposed plan involves a combination of spending cuts and tax increases.
Bjarni Benediktsson, the Minister of Finance and Economic Affairs, believes there are indications that many Icelandic companies are struggling to deal with negotiated wage increases.
Despite the consumer price index increasing by 0.59% month-on-month, the annual inflation rate has decreased to 9.8% (down from 10.2% in February). The Finance Minister
The Governor of the Central Bank has stated that a national pact may be needed in order to overcome persistent inflation, RÚV reports. Whether or
The labour legislation needs to be revised in light of the current wage dispute between the Efling union and the Confederation of Icelandic Enterprise (SA),
