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Chairman of the Council of Ministers: It Is More Urgent to Reduce the Importance of Interest Rates than Indexation in Iceland
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"Inflation is now 4.3% and has been quite persistent. If we were still using the old method, if inflation were 3.3%, interest rates would be lowered and we would be in a completely different economic situation," says Sigurður Hannesson, CEO of the Confederation of Icelandic Industries, in Silfrin tonight. Sigurður, Dóra Björt Guðjónsdóttir, chairman of the Reykjavík Environmental and Planning Council, Már Wolfgang Mixa, associate professor at th…
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