Budget
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Eating Well On a Budget
How to feed a family without splurging Katrín Björk Birgisdóttir regularly posts her grocery hauls to YouTube. A nail technician by day, Katrín is known for challenging herself to cook on a budget. Is it possible to feed a family for cheap…
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Health System Costs 735,315 ISK Per Person
According to a report from Vísir, the health system will cost 735,315 ISK per person next year, which is 23,789 ISK more than was expected in the original 2020 budget proposal. This information is given on the Ministry of Finance’s website. Publishing…
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Planes, (No Trains) And Automobiles – How To Get Around Iceland On A Budget
Travelling is awesome, especially in a country like Iceland with its amazing scenery and picturesque little villages. Driving in another country, however, can be stressful, and you might not want to risk your relationship or health while trying to navigate, just to…
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Iceland’s 2019 Budget: More To The Church, Less For The Environment
The government budget for 2019 has been made public, and it includes a few surprises. As Fréttablaðið reports, the budget was approved on December 14, and most categories overseen by the government saw an increase in funding. The Directorate of Immigration will…
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Icelanders Protesting Changes To Disability Pensions
The Facebook page “Jæja” is organising a protest outside Parliament tonight. The event page decries the proposed cuts in disability benefits while fees on fishing companies are reduced. The protest will begin at 16:30 at Austurvöllur Square in front of Parliament. Jæja…
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New Hospital, Helicopters, and Highland Cops: Iceland’s 2019 Budget
Yesterday the government released its proposed budget for next year. It includes spending increases and tax cuts. The treasury expects a budget surplus next year of 1% despite a 7% increase in public spending. It includes spending on health care, social services,…
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A Cheapskate’s Guide To Romance In Reykjavík
A romantic getaway in Reykjavík, oh wouldn’t it be heaven? But everything costs a fortune here and let’s face it, since your dad’s British Aerospace shares went kaput money has been tight. Romantic activities like bathing in the Blue Lagoon–as if you were Jon…
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Pirate Captain: The Church Should Give Their Tax Money To Health Care
Pirate Party captain Birgitta Jónsdóttir told listeners on the Harmageddon radio show this morning that the national church ought to give a portion of the tax money that the proposed budget has outlined for them to Iceland’s faltering health care system. As…
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Budget Round-Up: Where Your Taxes Are Going Next Year
Parliament reconvened yesterday, and with it arrived the budget for the 2017 fiscal year. Here are some highlights of the various ways and amounts the government wants to employ tax revenue: Vísir reports that funding for The Tourist Site Protection Fund will…
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More Money To Church Is Priority, Says Interior Minister
Interior Minister Ólöf Nordal has expressed her agreement with Prime Minister Sigmundur Davíð Gunnlaugsson and the Interior Ministry’s task force, that the State Treasury shall “pay back” an amount of ISK 660 million (around €4 mi) to the State Church. The task…
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PM Ditches Parliament To Go On Holiday, Doesn’t Tell Anyone
Icelandic Prime Minister, Sigmundur Davíð Gunnlaugsson did not turn up to participate in the second parliamentary session discussing the coming year’s budget yesterday, turns out he left the country to go on holiday without notifying anyone at his place of work, reports…
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Iceland’s University Hospital: The Director Speaks
Throughout the whole healthcare debacle, one man has consistently remained focused on the big picture: the National University Hospital of Iceland (LSH) director Dr. Páll Matthíasson, PhD. Educated as a psychiatrist, Páll worked in London, England, from 1997-2007 before returning to Iceland,…
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Finance Minister Defends Raising Food Tax
Minister of Finance Bjarni Benediktsson says it is “out of the question” that there will be any changes to his controversial food tax bill. RÚV reports that Bjarni dismissed any criticism of his new food bill, saying that the Ministry was not…
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Nobody Likes A Balanced Budget
In the coalition’s first few days of government, Minister of Finance Bjarni Benediktsson and Prime Minister Sigmundur Davíð Gunnlaugsson proclaimed that the deficit that they’ve inherited—25 billion ISK—is much greater than they had been led to believe it was before the elections.…