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Recession and a Vicious Cycle Offered by the Government

Summary by Vísir
A significant decline is expected in the number of apartments under construction. Contractors complain about high capital costs and the CEO of the Confederation of Icelandic Industries says a vicious circle has formed.
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VísirVísir

Recession and a Vicious Cycle Offered by the Government

A significant decline is expected in the number of apartments under construction. Contractors complain about high capital costs and the CEO of the Confederation of Icelandic Industries says a vicious circle has formed.

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Vísir broke the news in on Saturday, August 9, 2025.
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