LONDON: Iceland’s prime minister Sigmundur David Gunnlaugsson has resigned on Tuesday, becoming the first casualty of the global revelations on offshore companies.
In a day of high drama in Reykjavik, David Gunnlaugsson first tried to hang on by seeking the dissolution of parliament, reports Richard Milne.
But after Iceland’s president refused to grant the request, Mr Gunnlaugsson decided to step down as prime minister but carry on as the head of his Progressive party. Sigurdur Ingi Johansson, the current minister of fisheries and agriculture, will become prime minister and try to continue the current two-party coalition government.
But it remained unclear how other political parties in Iceland would react and early elections could still be called.
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