National Pact Required to Fight Ongoing Inflation
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 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),
Imposing a tax on ad revenue collected by foreign tech companies such as Facebook and Google is urgent, the Minister of Culture and Business Affairs
The Prime Minister has expressed disappointment in VR’s decision to break off wage negotiations with SA Thursday evening. The Minister of Finance does not believe
A professor at the University of Iceland’s School of Business has told RÚV that the state treasury forfeited “significant funds” in its sale of Íslandsbanki
State regulators have released a report on the controversial sale of Íslandsbanki shares that took place this March. Among the considerations of the report are
In a recent interview with RÚV, Independence Party chairperson Bjarni Benediktsson claimed that he will retire from political life if he loses the contest for
This week, Minister Guðlaugur Þór Þórðarson confirmed that he is considering his candidacy for Chair of Iceland’s Independence Party – at the party’s National Convention
The Icelandic government’s budget bill for 2023 will run on a deficit of ISK 89 billion [$640 million; €632 million], a significant decrease from last
In lieu of raising interest rates, the government will be implementing various measures intended to counteract inflation and an overheating economy as well as reducing
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