Icelanders looking for 50% pay rise
About one-third of Iceland’s workforce are demanding to receive pay rises of as much as 50 per cent, in a move that threatens to have major consequenc...
Iceland’s central bank likely to increase interest rates
Iceland’s central bank has said that it is likely to raise interest rates in June because of higher inflation forecasts and increasing demand, on the ...
Norway’s 2015 GDP growth prediction slashed
Economic outlook for mainland economy in Norway isn’t looking quite as rosy as original hoped, with the minority government proposing a revision to th...
Mackeral quota bill draws big petition
The Alþingi is under pressure to reconsider a bill that will significantly alter the mackeral quota, which will set limits for the next five years. An...
National strike action snowballs.
More people have joined the strike action that is gripping Iceland, as CR Trade Union, the Icelandic Nurses Association and Flóabandalagið (the Comme...
Vet strike leads to Iceland burger crisis
A veterinarian strike in Iceland is leaving burgers lovers in the country faced with the possibility of not being able to get a hold of their favourit...
Progressive Party member: EU membership referendum ‘unlikely’
A referendum on whether Iceland should join the European Union (EU) is unlikely to take place, according to Progressive Party member Karl Gardarsson. ...
Iceland looks to future with AIIB membership
Iceland can look forward to future opportunities after announcing that it is to be a founding member of the Asian Infrastructure Investment Bank (AIIB...