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Icelandic Union Proposes All Workers Get Same Pay Rise As Company Director
In response to yet another astronomical pay rise for yet another corporate head, a labour union has proposed all the company workers get their share, too. Vísir reported yesterday that Eggert Þór Kristófersson, the director of fuel station company N1, saw his…
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Take A Moment: There’s More To Borgarnes Than Bónus And N1
Borganes is perhaps best known as the last‐chance gas and Bónus stop before the long drive onward to the remote Westfjords or the north of Iceland. Passing through, this diminutive town appears to have been dramatically sliced off just past the local…
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Fuel Prices Drop Less In Iceland Than Globally
On Thursday, sociology professor Stefán Ólafsson noted on his blog that while oil prices have dropped by 50% on global markets, prices in Iceland have only decreased by 20%. “Icelandic oil companies have in other words held a decent share of the…