Menu
RSS

Public sector - Business and economics

Purchasing Power in Iceland among the poorest in Europe

Purchasing Power in Iceland is among the poorest in Europe, according to Numbeo's website. Numbeo is promoted as 'the world’s largest database of user contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution.'

Read more...

Domestic foreign exchange market and foreign exchange reserves 2013

From now on, the Central Bank will report at the beginning of each year on foreign exchange market developments and changes in the foreign exchange reserves during the preceding year. Early in 2013, after a period of marked ISK depreciation in the final months of 2012, the Central Bank decided to suspend its programme of regular foreign currency purchases, and the króna appreciated significantly thereafter.

Read more...

The Central Bank is worried about the weak Iceland krona

The Central Bank of Iceland, CBI, is worried about the weak Icelandic Krona (ISK) since inflation is quite high. The Governor of the CBI, Mr. Mar Gudmundsson, mentioned this in an interview with Bloomberg. Mr. Gudmundsson says that this is an uncomfortable position, the Krona is weak and inflation is high and renegotiation's of collective agreements are coming up. 

Read more...
Subscribe to this RSS feed

Business

Politics

Travel

Sports

Entertainment

Culture