24 Feb 1960
Page 1
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Newspaper
Austri
Location
Seydisfjordur, Austurland, Iceland
Date
Feb 24, 1960
Page
1
Government plans to raise interest rates and curb foreign loans spark debate on fiscal policy. Officials push for a controlled devaluation while banks raise domestic rates to 9 percent and foreign lenders face higher costs. Public confidence falls as savings and employment prospects deteriorate amid intensifying financial adjustments.
Undanfarin ar hefur wmjog brengt ad togaraitgerd Austfird inga. Hver itgerdin af amnarri hefur lent i greidsluprot, togararn ir stédvast eda verdid leigdir af Sunnlendingum. Er nu svo kom id, ad enginn Austfjarda togari er 4 veidum fyrir sinn heimabyggd. Pegar utgerd togara hérst hér i strijslok,s4u menn fyrir ad ut gerd peirra yrdi verulega dyrari og erfidari hér eystra en vidast annarsstadar i landina.
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