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...
The maximum period of available unemployment benefit will be shortened from two-and-a-half years to two years, according to a new Government proposal.
Iceland’s finance minister, Benedikt Jóhannesson, has put forward plans to increase VAT on tourism related services, while lowering the overall highest VAT rate.
The municipal council in Skeiða og Gnúpverjahreppur (South Iceland, population 611) has caused local uproar by voting to buy some crockery.
Gunnar Smári Egilsson, who quit as editor of the weekly Fréttatíminn newspaper last week, has launched the new Icelandic Socialist Party.
Two young boys, Sölvi Reyr Magnússon and Tristan Marri Elmarsson, this weekend proved themselves fearless problem solvers.
Guðlaugur Þór Þórðarson, the Icelandic foreign minister, will meet his British counterpart, Boris Johnson, this month and discuss future relations between the two nations following Brexit.
Iceland will not be able to reach the climate goal set by the Paris Agreement, without an effort being made in that regard.
At a press conference yesterday, Icelandic Prime Minister Bjarni Benediktsson and Minister of Finance Benedikt Jóhannesson announced that all capital controls for individuals, companies and pension funds will be lifted tomorrow.
The announcement by the Icelandic government Wednesday that it plans to introduce a bill in parliament, requiring companies to prove they pay all employees the same, regardless of gender, ethnicity, sexuality and nationality, has received attention world-wide.
Iceland will become the first country in the world to require companies to prove they pay all employees the same, regardless of gender, ethnicity, sexuality and nationality.
Icelandic President Guðni Th. Jóhannesson believes it was a major mistake after the 2008 banking collapse to make use of an ancient and outdated clause in the Icelandic constitution to assemble the High Court of Iceland.
Reykjavík Mayor Dagur B. Eggertsson calls the construction planned in the capital in coming years “without precedent.”
Icelandic Minister for Foreign Affairs Guðlaugur Þór Þórðarson has decided to triple the Icelandic government’s contribution to the United Nations Population Fund (UNFPA).
The first debate about the so-called ‘Liquor Bill’ began in Alþingi, the Icelandic parliament, this afternoon at 2 pm.
Icelandic Minister of Fisheries and Agriculture Þorgerður Katrín Gunnarsdóttir neither plans to intervene in the wage dispute of fishermen and fisheries with provisional legislation nor by changing the tax law.
Comical videos presenting European countries to US President Donald Trump have been popular on the internet lately.
The Icelandic government has issued an apology to those who suffered abuse at Kópavogshæli, an institution for the disabled, which was operated 1952-1993.
A bill has been presented in Alþingi, the Icelandic parliament, which would make people’s agreement to organ donations assumed.
Icelandic authorities can intervene in the wage dispute between fishermen and fisheries by other means than by passing a law to halt the strike, according to Páll Magnússon, who heads Alþingi’s Industrial Affairs Committee.
Meisam Rafiei, a member of the Icelandic national taekwondo team, will be allowed to travel to the US Open in Las Vegas.
Icelandic President Guðni Th. Jóhannesson invited a group of 22 Syrian refugees to his residence at Bessastaðir yesterday.