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....
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.
The word fáviti (‘imbecile’) will be omitted from the 222nd article of the general Icelandic penal code if a new bill, currently being drafted, is passed in parliament. Instead “individuals with developmental disability” will be referred to.
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...
Progressive Party MPs Willum Þór Þórsson and Frosti Sigurjónsson stated at Alþingi, the Icelandic parliament, yesterday evening that the party’s parliamentarians had issued a formal disclaimer to the changes to the taxation system as presented in the budget bill.
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.