Iceland Monitor

Thu, 05 Feb 2026 15:00:00 +0000
FÍB questions oil companies’ pricing after fuel tax cut
The Managing Director of the Icelandic Automobile Association (FÍB) believes that Icelandic oil companies have not fully passed on the abolition of the fuel tax to consumers in the form of lower fuel prices. He therefore questions whether it may ...

Thu, 05 Feb 2026 13:30:00 +0000
Residents rally against Samhjálp Café plans in Reykjavík neighborhood
A heated public meeting was held this evening at Réttarholt School, where residents of Gerðar, Grensásvegur, and nearby neighborhoods gathered in a show of unity against plans to open a Samhjálp café in a residential building at Grensásvegur...

Thu, 05 Feb 2026 10:38:00 +0000
Main cause of higher inflation lies with the government
The Managing Director of the Icelandic Chamber of Commerce says the Central Bank’s Monetary Policy Committee’s decision to keep interest rates unchanged is reasonable. It is clear, he says, that the government must take responsibility and begi...

Wed, 04 Feb 2026 14:30:00 +0000
Won’t hesitate to raise interest rates
“I think the time has come for us, as a nation, to pause and ask: When are we going to stop this experiment of raising costs and wages far beyond what the national economy can sustain—far beyond what is happening in other countries—while at ...

Wed, 04 Feb 2026 11:47:00 +0000
Magma volume beneath Svartsengi is nearing its peak
According to modeling calculations, just under 21 million cubic meters of magma have now accumulated beneath Svartsengi since the most recent eruption on the Sundhnúkur crater row in July.

Tue, 03 Feb 2026 16:00:00 +0000
At least eight Landspítali ER staff infected with tuberculosis
At least eight employees at the Emergency Department of Landspítali Hospital in Fossvogur have been infected with tuberculosis. Those infected include a doctor, nurses, and a receptionist.

Tue, 03 Feb 2026 13:30:00 +0000
Commercial sauna steam sessions must pay for music use
Operators who offer so-called “gusa” (guided sauna steam sessions) will soon be required to pay for the music used in these services.

Tue, 03 Feb 2026 11:25:00 +0000
No snow in Reykjavík in January
No snow was recorded in Reykjavík in the month of January that has just ended, meaning the month was completely snow-free. This was reported by meteorologist Einar Sveinbjörnsson of Blika in a Facebook post.

Mon, 02 Feb 2026 16:10:00 +0000
Icelanders’ understanding of the importance of the media is lacking
The public’s knowledge of editorial practices and the general legal framework governing the media is lower in Iceland than in the other Nordic countries. Icelanders are less aware of which media outlets have a legally defined public-service role...

Mon, 02 Feb 2026 12:11:00 +0000
Laufey Lín won a Grammy Award
Musician Laufey Lín Jónsdóttir won a Grammy Award for the second year in a row at the Grammy ceremony in Los Angeles, United States, last night.

Sun, 01 Feb 2026 19:00:00 +0000
“Some aren’t exactly working with us”
Arna Lára Jónsdóttir, deputy chair of the Social Democratic Alliance’s parliamentary group, says there is no point in giving up the fight against the “inflation ghost” — we simply have to do better. She says not everyone is pulling in t...

Sun, 01 Feb 2026 16:03:00 +0000
Nobody knows what handball is
“The guest’s eye is sharp,” as the saying goes — and that is certainly true. For those of us born and raised here, it is always interesting to see how other nations view us. This week, a reporter visited Jewells Chambers from Brooklyn, who...

Sun, 01 Feb 2026 13:19:00 +0000
Rescue teams wrongly charged km fee
The Directorate of Internal Revenue (Skatturinn) believed it had a solution ready for the end of the month, but this turned out not to be the case. Jón Þór Víglundsson, communications officer for ICE-SAR Landsbjörg, says Landsbjörg learned a...

Fri, 30 Jan 2026 18:00:00 +0000
Grímsson warns against the Prime Minister's bill
Ólafur Ragnar Grímsson, former President of Iceland, has submitted two written opinions to the Prime Minister’s Office regarding a government bill introduced by Kristrún Frostadóttir, stating that it could “undermine the independence of th...

Fri, 30 Jan 2026 13:40:00 +0000
Warning of black ice
Police in Northeast Iceland are warning of slippery road conditions in many parts of the district.

Fri, 30 Jan 2026 11:15:00 +0000
Regret wage cuts for aquaculture workers
The board of the Westfjords Labour Union says it regrets the decision by management at Arnarlax and Arctic Fish to cut the wages of employees in aquaculture.

Thu, 29 Jan 2026 16:30:00 +0000
“Got hit in the face with a sledgehammer”
“I’m afraid that someone has just been hit in the face with a sledgehammer,” writes Ólafur Stephensen, Managing Director of the Federation of Icelandic Employers (FA), in a Facebook post in which he comments on the new inflation figures.

Thu, 29 Jan 2026 14:39:00 +0000
Could bring in 20–25 billion ISK
Sigurgeir Brynjar Kristgeirsson, CEO of Vinnslustöðin in the Westman Islands, says the Marine and Freshwater Research Institute’s conclusion that the maximum capelin catch for the 2025/2026 fishing year will be 197,474 tonnes is a lifeline for...

Thu, 29 Jan 2026 11:08:00 +0000
Inflation measured above 5%
Inflation is now measured at 5.2%, increasing by 0.38 percentage points since December.

Wed, 28 Jan 2026 14:00:00 +0000
Damage estimated at 100 million ISK
The damage caused by this morning’s fire at Garðvík’s industrial building in Húsavík is estimated at close to one hundred million krónur.

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