“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.

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...

Inflation is now measured at 5.2%, increasing by 0.38 percentage points since December.

The damage caused by this morning’s fire at Garðvík’s industrial building in Húsavík is estimated at close to one hundred million krónur.

An earthquake swarm began near Lambafell, 2–3 km west of Þrengsli, at around 16:30 yesterday and is still ongoing.

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