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News about Iceland Economy
Stay current with all the latest and breaking news about Iceland Economy, compare headlines and perspectives between news sources on stories happening today. In total, 89 stories have been published about Iceland Economy which Ground News has aggregated in the past 3 months.
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Economy · IcelandAfter two disappointing years in the capelin sector, good news finally arrived today when the Marine Research Institute proposed a fivefold increase in the capelin quota. This means that the capelin season for the next two months could generate 35 to 40 billion ISK in export revenue for the Icelandic economy, according to the CEO of Síldarvinnslan.See the Story
Capelin Quota Increase Hits a Hungry Market
Wages · IcelandThe board of the Westfjords Workers' Union says it regrets that the management of Arnarlax and Arctic Fish have made the decision to reduce the salaries of employees in fish farming. The decision will have been announced to employees earlier this month and is due to take effect on May 1st.See the Story
Regret Wage Cuts in Fish Farming in the Westfjords
Inflation · IcelandThe government should have waited with changes to public spending until inflation subsided. This is what an economist at Íslandsbanki says. The chairman of VR says it is not a law of nature for companies to pass everything on to prices. Collective agreements will explode in the fall if companies go this way. On the evening news we discuss inflation, which is beyond the most pessimistic forecasts. Then the Minister of Finance appears in a studio …See the Story
