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Forty witnesses summoned for four-day stalking trial

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A significant stalking trial is scheduled to commence next week, with nearly forty witnesses summoned to appear over four days. This comes as new concerns are being raised about suspected honor-based violence in Iceland, leading to the implementation of specialized training for professionals to address the issue.

In local government news, Reykjavík Mayor Hildur Björnsdóttir clarified that a recent proposal regarding City Library efficiency was poorly worded, denying plans to close libraries. Meanwhile, public sector layoffs continue, with SORPA terminating seventeen employees, a seven percent reduction in staff, following broader cuts by Reykjavík City.

Economically, Arion Bank reported 24 billion ISK in profits this year, while criticizing a proposed bank tax hike. The number of women leading companies on the Iceland Stock Exchange has also increased to six out of 27 listed companies. On a lighter note, a single mother celebrated winning 45 million ISK after experiencing a period of hardship.

Top stories

Major Stalking Trial Underway

A significant stalking case is moving to its main hearing, with nearly forty witnesses called to testify over a four-day period starting Monday.

Heimildin Forty Witnesses in Stalking Trial ↗

Concerns Over Suspected Honor Violence

Suspicions of honor-based violence have emerged in Iceland, prompting the provision of specialized training for professionals in relevant fields to address this issue.

DV Suspected Honor Violence Raises Concerns in Iceland, Professionals Receive… ↗

SORPA Announces Layoffs Amidst City Budget Cuts

Waste management company SORPA has laid off ten employees and will not renew fixed-term contracts for seven others, reducing its staff by seven percent. This follows extensive layoffs by Reykjavík City and is linked to rising unemployment.

Heimildin Seventeen Lose Jobs at SORPA ↗

Reykjavík Mayor Clarifies Library Proposal

Reykjavík Mayor Hildur Björnsdóttir stated that a proposal concerning efficiency improvements at the City Library was poorly worded and denied any plans to close libraries, responding to earlier protests.

Heimildin Hildur Says Library Proposal Was Poorly Worded ↗

Arion Bank Profits Grow, Criticizes Bank Tax

Arion Bank's profit increased by half a billion ISK in the third quarter year-on-year, reaching 8.7 billion ISK, with total profits this year reaching 24 billion ISK. The CEO has criticized a proposed bank tax hike, which could cost the bank 1.7 billion ISK.

Heimildin Arion Bank Profits 24 Billion This Year, Criticizes Bank Tax Hike ↗

Increase in Women CEOs on Stock Exchange

Following leadership changes at Skaga, Guðný Helga Herbertzdóttir has become the sixth woman to lead a company on the Iceland Stock Exchange. Women now represent just over one-fifth of CEOs on the exchange, though none lead banks, real estate, or fishing companies.