Icelandic news translated into English

November 7, 2008

Families of the country in priority

Filed under: families — newsfrettir @ 7:15 pm

Björgvin G. Sigurðsson, minister of trade, says the government have put emphases on insuring families in the country. To mention is unemployment benefits alongside part time jobs. It shall be capable to move all housing loans to the housing financing fund. Stamp duty will be discontinued and it will be a possibility to prolong loans, says Björgvin in a press conference in the ministry house today.

He restated that all the debtors at the banks are all under the same hat and it has been rather unfortunate when it was decided in the board meeting at Kaupþing to exclude the employees of the bank to pay the loans they had with the bank for share purchases.

(News Article by noname)
Original Article in Icelandic

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