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Jón Ólafur Halldórsson, chairman of the Confederation of Icelandic Enterprise, says the results reflect uncertainty and worsening conditions, but also a glimmer of hope.
Sentiment in the Icelandic economy has taken a marked turn for the worse, according to the results of a regular survey conducted by Gallup for the Central Bank of Iceland and the Confederation of Icelandic Enterprise (SA). More than half — 54% of respondents — say economic conditions are poor.