Serious concerns over budget bill

mbl.is · economy
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The board of Iceland's VR trade union has raised serious concerns about the government's budget bill. It says the bill significantly lowers the chances that collective agreements in the private sector will stay in force. Union chair Halla Gunnarsdóttir has argued that workers in Iceland take a larger share of productivity gains than workers in countries where unions have been weakened or dismantled. VR presents that comparison as grounds for defending the current bargaining system.

<img style="margin:0 1em 1em 0;" align="left" alt="Halla Gunnarsdóttir, chair of VR, says workers&#39; share of productivity gains in the economy is high in Iceland compared with countries where trade unions have been weakened or dismantled." src="https://c.arvakur.is/frimg/1/67/65/1676558A.jpg"/> The board of the VR trade union has expressed serious concerns over the government’s budget bill, saying it significantly reduces the chances that collective agreements in the private sector will remain in force.

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