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Government

Reykjavík with Hallgrímskirkja in the background

Loans to be Corrected by ISK 1.35 Million on Average

The average write-off under the government’s debt cancelation plan, which aims to correct indexed mortgages for the effects of inflation in 2008 and 2009, will be ISK 1.35 million (USD 11,000, EUR 8,800) per household, as announced in a press conference this afternoon.

Alþingi, Iceland's parliament

Support for Government at Record Low

Support for the Progressive Party-Independence Party coalition government is at a record low at 33 percent, according to the latest MMR poll published yesterday. Support for the government in the last poll, conducted on October 21, measured 34.3 percent.

Alþingi, Iceland's parliament

Support for Icelandic Government Down

According to a the latest MMR survey, 34 percent of Icelanders support the current government. This number follows the downward trend that could be seen in the two previous surveys: on September 8, 36.3 percent supported the governing parties, and 38.5 percent did so on August 28.

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