Union leaders are concerned about the interest rate hike by the Central Bank

Union leaders are concerned about the interest rate hike by the Central Bank

The Central Bank’s decision to raise key interest rates by 1.25% sparked a strong reaction from union leaders. Sonja Ýr Þorbergsdóttir, chair of the BSRB, said the government must take action to protect the most vulnerable. The SGS chairman noted that Icelandic households are “devastated”. In an interview with the radio program Morgunvaktin, Sonja Ýr Þorbergsdóttir, chairwoman of the BSRB, stated that the government must respond […]

Source: Yle


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