Still scratching your head over the power plays surrounding the constitutional assembly? Well scratch away as the Employers’ Association under the leadership of the Independence Party’s Vilhjalmur Egilsson has threatened that it will not participate in pending talks on wage reform with the unions and employers associations unless the government reneges on its intentions to [...]

Ten reasons why it has all gone fucking fuck in Iceland since the pots and pan revolution. 1. There was a demand of reform in the fishing industry. It was needed because the resource was gathering in the hands of very few who in turn used their wealth to borrow intensely against it and invest [...]

It used to be that dates when the Central Bank announced its interest rates were earth-shaking news-material in Iceland. Today when the bank lowered the rates down to 7% from a high of 18% in March of 2009, it barely got a mention. The rates are at their lowest since 2004. See here at DataMarket. [...]

So is the stability agreement between the government, the unions and the Confederation of Icelandic employers in danger because of an extra 2.000 tons quota of monkfish? It might be if you listen to Vilhjalmur Egilsson, the chairman of the employers’ confederation. On the radio this morning, he was asked to rationalize how that could [...]

“Those who lack the skill and talent to get the ball, go for the man” This quote from an online forum sums up the political debate currently underway in Iceland. People without the required skills and talent to handle the issues at hand compensate by attempting to take the players who do out of the [...]

…is the most corrupt time in the history of Iceland… …not 2002… ..not 2007.. but right now

EVER since the cod wars of the 1970s, when the British lost the right to fish within 200 miles of the Icelandic coast, Britain’s gift to global gastronomy—battered fillets of fish and chips sold by takeaway restaurants—has relied on Icelandic trawlermen. Most of the cod sold by chip shops in England and Wales (the Scots [...]