MP for the Independence Party Ásmundur Friðriksson.

MP Criticized for Comments on Muslims

MP for the Independence Party Ásmundur Friðriksson has expressed his opinion in the past days that the background of all Muslims in Iceland should be checked following the terrorist attacks in Paris last week. The MP has been harshly criticized for his comments.

Alþingi parliament

Icelanders Don’t Trust Politicians or Bankers

The public’s faith in politics and banks seems not to have been restored in Iceland since the 2008 economic collapse. In a new survey by MMR, 54.7 percent of respondents stated they had little faith in Alþingi, the Icelandic parliament, and 66.8 percent had little faith in the banking system....


Changes Proposed to Pricing in Dairy Industry

Sixteen MPs of the Social Democratic Alliance, Bright Future and the Pirate Party submitted a bill in Alþingi, the Icelandic parliament, this week on amendments to the law on price consultation in the dairy industry. The current law is being criticized for hindering competition.


Finance Ministry Said to Underestimate Cost of Food

The consumer standard used by the Icelandic Ministry of Finance in its calculations on which a bill on changes to the VAT system are based must be reviewed, according to deputy MP for the Independence Party Bryndís Loftsdóttir, who reasons that the ministry is assuming too low amounts for...

Sigmundur Davið Gunnlaugsson

PM Opens Keynote Speech with Eruption

The ongoing eruption in Holuhraun has had a widespread effect, even influencing Prime Minister of Iceland Sigmundur Davíð Gunnlaugsson’s keynote speech at Alþingi, the Icelandic parliament, which reconvened on Tuesday.

Alþingi, Iceland's parliament

Iceland’s Parliament Reconvenes for the Autumn

The 144th legislative parliamentary session at Althingi, the Icelandic parliament, formally began this afternoon with a sermon in Reykjavík Cathedral. Finance Minister Bjarni Benediktsson presented his budget bill.