Crucial that government does not fuel inflation

AI Summary

Prime Minister Kristrún Frostadóttir welcomed an agreement among the government, municipalities, and labor representatives to keep collective agreements in force. She said the agreement is important to Iceland’s economy and stressed that government policy should not add to inflation.

Prime Minister Kristrún Frostadóttir says it is welcome news and of great importance to the Icelandic economy that an agreement has been reached between labour market representatives, the government and municipalities, ensuring that collective agreements will not be terminated.