Third phase of government economic response to COVID-19


Increased support for companies, extension of part time employment with government support and simpler rules on financial restructuring of companies are key elements in the government's third phase of economic response to COVID-19

Second phase of economic response measures


Increased support for R&D, closure subsidies, immediate support loans for SMEs and allowance to carry 2020 losses back to offset 2019 income tax are among the measures introduced by the government as part of the second COVID-19 economic response package on April 21.

Monetary Policy Committee report to Parliament


The Central Bank Monetary Policy Committee’s (MPC) report to Parliament (Alþingi) on the Committee’s work in H1/2020 has been posted to the Bank’s website. The report is supplemented by a wide range of supporting material.

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