Company of the Year 2026
The Chicken or the Egg?
03. June 2026
There are worrying signs in the economy, and all indications suggest that the assumptions underlying the collective agreements will fail this autumn. Inflation has been rising, unemployment has increased, and interest rates have gone up. The drivers of inflation are many and its composition is complex, but if progress is to be made in the fight against it, it is important to increase understanding of its nature and causes.
We Demand That the Banks Reverse Their Interest Rate Hikes
27. May 2026
VR, LÍV and the Fagfélögin condemn the interest rate hikes announced by the commercial banks before the weekend. The commercial banks reported close to ISK 100 billion in profit after taxes last year. That amounts to more than ISK 320 thousand for every adult in the country. There is room for manoeuvre there, and there lies the banks’ social responsibility.
