The rate of inflation in Iceland over the past 12 months is 2.8 percent.
Iceland’s Minister of Finance has decided the State will not sell the Landsvirkjun national energy company, as his predecessor had arranged. Instead, future dividends from shares in the national power company will be put into an emergency back-up fund, which will be set up to help Iceland get...
Icelanders use credit cards more frequently than other European nations to pay for goods and services.
This morning, the Reykjavík District Court sentenced two men and one woman to jail for running the casino Poker and Play in Skeifan, Reykjavík, between 2000 and 2012.
Far too many senior citizens must get by with ISK 1,000 (USD 7.90, EUR 7.02) a day for food and medicine.
Tax figures for 2014 extrapolated by the business magazine Frjáls Verslun, owned by Iceland Review publisher Heimur hf, show that the average salary of the CEOs of Iceland’s 200 biggest companies is around ISK 2.6 million (EUR 17,580/USD 19,195) per month.