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
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
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
Ásgeir Jónsson, Governor of the Icelandic Central Bank, announced today in a presentation that key interest rates would be raised again by .25%. Now sitting
The latest numbers from Statistics Iceland indicate a moderate decrease in the rate of inflation, with the 12-month figure being calculated as 9.3% in September.
Two hundred and sixty nationally elected officials, government ministers, and civil servants have been overpaid for the last three years, RÚV reports. The overpayment was
The annual inflation rate hit 7.2% yesterday, a 12-year high. Analysts at Íslandsbanki bank predict that the inflation rate will peak in June at 7.7%.
The Central Bank of Iceland confirmed to Stundin that it has opened an investigation into the government’s March 22 sale of a 22.5% stake in
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
