Vr Union News Today

The broad coalition of trade unions within the Confederation of Labour and the Confederation of Icelandic Enterprise resumed negotiations this morning with the state conciliation and meditation officer, Ástþór Haraldsson. The coalition’s demands are largely unchanged, says VR chairman Ragnar Þór Ingólfsson.

“Of course, families have become pessimistic, they do not cover these costs,” says Ragnar Þór Ingólfsson, chairman of VR Union. The Central Bank announced the 14th consecutive interest rate increase today, with the policy rate now at 9.25 percent.