Tag Archive | "spending"

Iceland spent most on schools

According to a new report from the OECD, running pre-schools and elementary schools in Iceland costs more than in any other member country – this despite that fact that school staff earn just 70 percent as much as the average school worker in the OECD.

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Denmark freezes welfare payments

Following the recent stabilisation requirements ordered by the European Commission, Denmark has unveiled a new ‘restoration plan’ to save millions by freezing welfare payments.

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Posted in Denmark, Featured, General, Lifestyle, MBL, PoliticsComments (2)

Iceland cuts to affect every area of public spending

No aspect of public spending in Iceland will be left untouched by cuts next year, according to Gudbjartur Hannesson, the chairman of the parliamentary budgetary committee.

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Iceland spends most on education

Spending on education increased in all OECD countries between 1995 and 2005, on average by 19 percent between 2000 and 2005. On average OECD countries spent 6.1 percent of GDP on education in 2005, MBL.is reports. The news comes from a new OECD document, Education at a Glance 2008, which was released on Tuesday. Iceland [...]

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Posted in Culture, Iceland, International, Lifestyle, MBL, PoliticsComments (1)


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