The Reykjavík Grapevine


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  • Finance Minister Defends Raising Food Tax

    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…

  • Government Concludes Each Meal Costs About 250 ISK

    Government Concludes Each Meal Costs About 250 ISK

    A new bill on the VAT bases its proposals on the conclusion that each Icelander can live on about 750 ISK worth of food per day. Vísir reports that Minister of Finance Bjarni Benediktsson has submitted a bill to parliament that proposes…