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
Reykjavík Mayor Dagur B. Eggertsson told RÚV the city will not resort to service cuts or price hikes as a result of its operational deficit.
While Iceland’s government has increased investment in some areas to combat the economic effects of the COVID-19 pandemic, some of its key institutions are facing
To counter the economic impact of COVID-19, Iceland’s government has hired two advertising agencies to create a campaign promoting the country as a travel destination.
Iceland will broaden its methods of measuring the nation’s prosperity to include social and environmental factors as well as economic ones. The Icelandic government has
At a meeting this morning, the Icelandic government approved an action plan intended to minimise the negative impact of COVID-19 on the Icelandic economy. Due
The Akureyri town council has approved an additional ISK 50 million ($420,139/€366,803) to be budgeted for snow removal this year, RÚV reports. The beginning of
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